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, 2010BusinessFuel
Diesel Average Rises to $3.074 in Third Straight Gain
The average price of retail diesel in the United States rose a half-cent last week to $3.074 a gallon, the Department of Energy reported, slowing a two-month run-up that has sent diesel over $3 for the first time since November 2008.
April 26, 2010BusinessFuelGovernment
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, 2010BusinessFuelGovernmentSafetyAutonomous
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, 2010BusinessFuel
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, 2010BusinessFuel
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, 2010BusinessFuel
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, 2010GovernmentBusinessFuel
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, 2010BusinessFuel
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, 2010BusinessFuel
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, 2010