Diesel fuel fell 4.6 cents to $2.496 a gallon, its fourth straight decline, the Department of Energy said.
July 21, 2009Fuel, Business
Diesel Falls 4.6¢ to $2.496 in Fourth Straight Drop
Business, Fuel, Government
Forward Air’s 2Q Profit Falls
Forward Air Corp.’s second-quarter net income fell to $2.8 million, or 10 cents per share, compared with a profit of $12.1 million, or 42 cents, a year ago.
July 21, 2009Business, Government, Fuel
Oil Rises to Two-Week High Near $65 a Barrel
Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.
July 20, 2009Business, Government, Safety, Fuel
Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced†version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 2009Letters to the Editor, Business, Safety, Fuel, Government
Letters: Early Safety Adopted; Reregulation
Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.
July 20, 2009Business, Safety, Fuel, Government
10% Cut in Truck Traffic Called ‘Almost Ludicrous’
The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,†Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Fuel, Business, Logistics
Standards Group Votes Against Pump Gauges for ‘Hot Fuel’
The National Conference on Weights and Measures has voted not to require temperature gauges to measure fuel output on retail pumps.
July 17, 2009Business, Fuel
Oil Tops $61 Following DOE Inventory Report
Oil rose by the most in six weeks Wednesday following a Department of Energy report that showed declines in crude stockpiles and a modest uptick in diesel demand, Bloomberg reported.
July 15, 2009Business, Fuel, Logistics
CSX Profit Falls 20% in Second Quarter
Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Business, Fuel
Diesel Drops 5.2¢ to $2.542 in Third Straight Decline
Diesel fell for a third straight week, dropping 5.2 cents to $2.542 a gallon, the Department of Energy said.
July 14, 2009