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Atlas Air Turns 1Q Profit

Air cargo company Atlas Air Worldwide Holdings said it earned $6.2 million or 29 cents a share in the first quarter, turning around a loss of $3.7 million or 18 cents a year ago.

May 8, 2007

Senate Panel Sets Mileage Bill To Include Heavy Trucks

A Senate panel approved a measure that would boost automobile fuel-economy standards and set mileage standards for heavy trucks for the first time, the Wall Street Journal reported Wednesday.

May 9, 2007

Diesel Price to Drop, DOE Says

Retail diesel prices for 2007 will peak this month at $2.92 a gallon before gradually declining every month through the end of the year, the Department of Energy said.

May 8, 2007

Diesel Declines 4垄 to $2.811

Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.

May 7, 2007

Freightliner Sets New 鈥楥ascadia鈥 Truck

CHARLOTTE, N.C. 鈥斅 Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called 鈥淐ascadia鈥 it said improves fuel efficiency by 3%.

May 7, 2007

Air Cargo Shipments Fall 2.1%

Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.

May 7, 2007

Diesel Dips 1.9垄 to $2.792; Gas Jumps 8.3垄 to $3.054

The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.

May 8, 2007

Forward Air鈥檚 Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007

Truckers Concerned on New Engines鈥 Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

April 24, 2007

U.S. Fuel Prices Continue to Rise

Fuel prices continued to rise last week as heavy demand for diesel and gasoline combined with high oil prices and a string of refinery shutdowns.

April 23, 2007