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Oil Closes at Record $78.23 a Barrel

Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC鈥檚 agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.

September 11, 2007

Diesel Prices to Peak This Month, DOE Says

Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.

September 11, 2007

Diesel Gains 3.1垄 to $2.924

The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.

September 11, 2007

California Targets Oldest Trucks in New Emissions Proposal

A proposed California Air Resources Board regulation would force the owners of an estimated 80,000 trucks built before 1994 to remove them from the state鈥檚 roads by 2009, a trucking official said.

September 10, 2007

Calif. Eyes New Emissions Regs for Trucking, Ports

California regulators proposed new emissions rules for the state鈥檚 ports and the trucking industry, designed to begin compliance with ambitious 鈥済reenhouse gas鈥 emissions reduction law, the Contra Costa Times reported Friday.

September 7, 2007

DHL Signs Transport Contract With Wal-Mart

DHL said Thursday it signed a three-year agreement with Wal-Mart Stores to provide air express and ground shipping throughout the United States, supporting the retail giant's 4,000 stores nationwide.

September 6, 2007

UTi Worldwide鈥檚 2Q Income Dips

Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal second-quarter net income fell 20% to $27.7 million or 28 cents a share, from $34.5 million or 35 cents a year ago.

September 6, 2007

Tweaking Specifications on Truck Engines Can Raise Fuel Economy, Study Finds

Fleets can save fuel 鈥 possibly by as much as 5% 鈥 by 鈥渙verspec鈥檌ng鈥 engines, according to PHH FirstFleet, an asset, financial and technology management company for fleets.

September 4, 2007

Diesel Rises 3垄 to $2.893; Gas Jumps 4.7垄 to $2.796

The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.

September 5, 2007

NHTSA to Issue Side Air Bag Rule

Federal officials next month are set to unveil a requirement that automakers install side air bags by the early part of the next decade, the Detroit News reported.

August 29, 2007