The Los Angeles City Council has approved to a plan requiring all truck drivers at the Port of Los Angeles to be employed by a trucking company within five years, the Los Angeles Times reported Wednesday.
June 18, 2008Search
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Producer Prices Jump 1.4% in May
Prices paid to U.S. producers jumped 1.4% in May, led by food and fuel costs, the Labor Department said Tuesday.
June 17, 2008FedEx Reports Fourth-Quarter Loss
FedEx Corp. reported a fourth-quarter loss Wednesday of $241 million, or 78 cents a share, citing higher fuel costs and a writedown at its Kinko’s unit.
June 18, 2008Diesel Slips for Second Week; Gasoline Average Tops $4 a Gallon
The U.S. diesel average inched downward for the second consecutive week, dipping 1.5 cents to $4.692 a gallon, while gasoline topped the $4 mark for the first time ever, the Department of Energy reported.
June 16, 2008Caterpillar to Exit Class 8 Engine Market After 2010
Caterpillar Inc., which said Thursday it has signed an agreement to develop a heavy-duty truck with Navistar International Corp., said it would not develop and sell engines that meet 2010 emissions standards to other truck original equipment manufacturers.
June 13, 2008Several Class 8 Hybrids Being Developed, But Experts Say Many Obstacles Still Loom
WASHINGTON — Several prototype Class 8 hybrid trucks are currently under development, but the technical and economic obstacles in the way of placing reliable and fuel-efficient heavy hybrid over-the-road trucks in service remain daunting, experts told a House subcommittee.
June 16, 2008Diesel Holds at $4.692; Gas Jumps 4.3¢ to $4.082
The national average price of diesel held at $4.692 a gallon from a week ago, while gasoline continued its string of increases in rising 4.3 cents to a record $4.082, the Department of Energy reported.
June 17, 2008Diesel Holds at $4.692 a Gallon
The national average price of diesel fuel was unchanged Monday from a week ago, holding at $4.692 a gallon, the Department of Energy said.
Oil Jumps $5 to Top $136 a Barrel
Oil jumped $5 to more than $136 a barrel Wednesday following a Department of Energy report that showed crude inventories fell more than expected last week, Bloomberg reported.
June 11, 2008Two Truck Drivers Killed in European Fuel-Price Protests
Police cleared striking truckers who were protesting high fuel prices from the Spanish-French border, and two striking drivers were killed in separate incidents in Spain and Portugal, the Associated Press reported Wednesday.
June 11, 2008