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Click here to write a Letter to the Editor. olvo Technology, a unit of the Volvo Group, has created a new company jointly owned with Statoil that will develop fuel cells for truck idling.

Ongoing capacity constraints among carriers and the prospect of permanently higher shipping costs are forcing logistics managers to re-examine the way freight is moved.

The average price for all grades of gasoline fell 1.65 cents a gallon over the past three weeks to $2.16 a gallon, according to the Lundberg survey of filling stations nationwide.

Click here to write a Letter to the Editor. olonial Pipeline’s decision to delay delivery of ultra-low-sulfur diesel fuel to New York until sometime in 2007 has some trucking and pipeline industry officials worried that the Northeast could experience an initial shortage of the fuel.

Shipping rates for major commodities such as coal, iron ore and grain have fallen almost 25% in the past six weeks, the Wall Street Journal reported Monday.

OPEC ministers are likely to keep crude oil output at or near capacity levels when they meet Wednesday in Vienna, the Wall Street Journal reported.

Yellow Roadway Corp. may buy 50% of a Chinese freight-forwarding business to gain a foothold in that country, Bloomberg reported Friday.

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>LOS ANGELES — The ports of Los Angeles and Long Beach have started signing up cargo owners, or shippers, to their recently launched OffPeak program, which is designed to reduce traffic congestion in the ports, said operator PierPass Inc.

Prices of imported goods fell 1.3% in May, the first drop this year, the Labor Department reported Friday.

Click here to write a Letter to the Editor. ederal Reserve Chairman Alan Greenspan said Thursday said the U.S. economy is on “firm footing,” and that the central bank may keep raising the U.S. benchmark interest rate at a “measured” pace, cooling any speculation about a pause in rate increases, Bloomberg reported.