DHL Express Global Chief Executive Officer John Mullen told a House panel Tuesday that the company鈥檚 proposed deal to let UPS Inc. handle its North American air services was necessary for the company 鈥渢o remain a viable competitor in the U.S. market.鈥
September 9, 2008Search
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Oil Slides Below $103 a Barrel as Hurricane Ike Moves Into Gulf
Crude oil prices continued to slide early Wednesday, even as Hurricane Ike intensified as it moved into the Gulf of Mexico and a top OPEC official said the cartel would trim an oversupplied market, Bloomberg reported.
September 10, 2008EPA Approves More Fuel Waivers Due to Storms
In the aftermath of Hurricane Gustav and Tropical Storm Hanna, EPA has exercised its authority under the Clean Air Act to temporarily waive certain federal clean fuel requirements for areas of Alabama, Georgia, and North Carolina until next Monday, Sept. 15.
September 8, 2008Diesel Drops 6.2垄 to $4.059 in Eighth Straight Decline
The national average price of diesel fuel fell for an eighth straight week, dropping 6.2 cents to $4.059 a gallon, the Department of Energy said Monday.
September 9, 2008UTi Worldwide Reports Higher Earnings
Air and ocean freight forwarder UTi Worldwide said its net income for its 2009 fiscal second quarter ended July 31 rose to $33.7 million, or 33 cents a share, from $27.7 million, or 28 cents a year ago.
September 8, 2008Diesel Dips 2.4垄 to $4.121
The average price of retail diesel in the United States dipped 2.4 cents a gallon last week to $4.121, the seventh straight decline, even as Hurricane Gustav reached the Gulf Coast, the Department of Energy reported.
September 8, 2008Medium-Duty Truck Review: Green Is Clearly the Designer Color for 2009 Models
The color for 2009 medium- and light-duty trucks is green, as in environmentally friendly. There are no major changes to designs for the 2009 model year; like heavy-duty trucks, the next major changes will occur with the 2010 model year as manufacturers adapt to the next round of diesel emission standards.
September 8, 2008EPA Approves Fuel Waiver for 16 Louisiana Parishes
The Environmental Protection Agency said it waived some clean fuel requirements for 16 parishes in the Louisiana until next Monday, Sept. 8, due to Hurricane Gustav, which hit the state Monday.
September 2, 2008Forward Air to Acquire Service Express
Forward Air Corp. said Monday its wholly owned subsidiary, Forward Air Solutions Inc., has entered into an agreement to acquire certain assets of Service Express, a privately held provider of pool distribution and related services headquartered in Spartanburg, S.C.
September 2, 2008Diesel Slips 2.4垄 to $4.121
Despite Hurricane Gustav blowing through the Gulf of Mexico over the weekend, diesel fuel鈥檚 national average price fell 2.4 cents to $4.121 a gallon in a seventh straight decline, the Energy Department said Tuesday.
September 3, 2008