Diesel’s price increase slowed following two big gains in the past two weeks, with the national average price rising half a cent to $3.074 a gallon, the Department of Energy reported.
April 20, 2010Business, Fuel, Government
Forward Air Swings to 1Q Profit
Forward Air Corp. reported a first-quarter profit of $3.4 million, or 12 cents per share, compared with a loss of $3.1 million, or 11 cents, a year ago.
April 21, 2010Business, Fuel
Diesel Increase Slows; Rises Half a Cent to $3.074
Business, Fuel, Government, Safety, Autonomous
Volcano Continues to Hamper Air Freight in Europe
The huge ash cloud hanging over Europe from last week’s volcano eruption in Iceland is hampering global air freight and causing a shift in European cargo from planes to trucks, news services reported.
April 19, 2010Business, Fuel
Diesel Rises 5.4¢ to $3.069
The U.S. average retail diesel price rose another 5.4 cents a gallon last week to $3.069, raising concern among fleet executives and analysts alike that the steady rise could dampen economic growth.Â
April 19, 2010Business, Fuel
Oil Takes Biggest Drop in 10 Weeks
Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.
April 16, 2010Business, Fuel
Oil Falls for Sixth Time in Seven Days
Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.
April 16, 2010Government, Business, Fuel
Trucking Concerned Over New Maine Heating-Oil Sulfur-Content Law
Maine has adopted legislation that will eventually require heating oil to have the same low-sulfur content as diesel fuel used in trucks, a move some in the oil and trucking industries fear could raise demand and prices for trucking’s main fuel.
April 13, 2010Business, Fuel
Diesel Rises Again, Gaining 5.4¢ to $3.069 a Gallon
Diesel rose for the second straight week and the seventh time in eight weeks, increasing 5.4 cents to $3.069 per gallon, the Department of Energy said Monday.
April 13, 2010Business, Fuel
Gas Gains 3.8¢ to $2.85, Lundberg Survey Says
Regular gasoline’s national average rose 3.8 cents over the past three weeks, to $2.85 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.
April 12, 2010Government, Fuel
Federal Appeals Court Denies ATA’s Petition, Rules Calif. Can Enforce TRU Retrofit Rule
California environmental regulators can continue enforcing the state’s transportation refrigeration unit retrofit rule, a federal appeals court has ruled.
April 12, 2010