The Energy Department held its projection for diesel prices from a previous forecast, saying trucking’s main fuel would average $2.28 per gallon this year and $2.55 in 2010.
February 10, 2009Business, Fuel, Government
Diesel Dips 2.7¢, Marking 28th Decline in 30 Weeks
Driven by a freight-scarce economy, abundant fuel inventories and predictions of continuing economic distress, the average price of U.S. retail diesel drifted down another 2.7 cents a gallon to $2.219 last week, its fourth straight decline and the 28th in the past 30 weeks.
February 16, 2009Business, Government, Safety, Fuel, Technology, Equipment
Navistar Urges Trucking to Back Gradual Phase-in of 2010 Regs
ARLINGTON, Va. — A top Navistar Inc. official said the company is pursuing its own solution to meet the 2010 U.S. emission standards, because it doesn’t believe the fuel savings claimed by competitors will justify the higher costs and more complicated systems associated with the new engines.
February 16, 2009Fuel, Business, Government
DOE Holds ’09 Diesel Forecast at $2.28 a Gallon
Government, Business, Fuel
Forward Air’s 4Q Income Drops
Forward Air Corp. said Tuesday its fourth-quarter earnings fell 33% to $8.3 million, or 29 cents a share, from $12.4 million, or 43 cents, a year ago.
February 10, 2009Fuel, Business
Diesel Drops 2.7¢ to $2.219
Diesel fuel fell 2.7 cents to $2.219 a gallon, continuing a 30-week downward trend and leaving it at the lowest level in nearly four years, the Department of Energy said Monday.
February 10, 2009Fuel, Business
Wal-Mart to Test Alternate Fuels, Hybrids in Push to Raise Mileage
Wal-Mart Stores said it will test two types of diesel-electric hybrid trucks and two types of alternatively fueled trucks as part of a continuing effort by the world’s largest retailer to double the fuel efficiency of its 7,200-truck fleet by 2015.
February 9, 2009Business, Fuel
Freight Market Decline Continues
Your newspaper this week shows just how difficult things are for carriers these days, as freight rates and volumes continue to nose dive while shippers push for lower fuel surcharges and better deals.
February 6, 2009Fuel, Business, Logistics, Government
Diesel Drops 2.2¢ to $2.246
Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.
February 3, 2009Government, Business, Safety, Fuel
EPA Grants Calif. Request to Enforce Reefer Emissions Rule
California environmental regulators said last week the U.S. Environmental Protection Agency has granted the state a waiver that will allow enforcement of its regulation requiring emission-control retrofits on refrigerated trucks and trailers.
February 3, 2009Fuel, Business
Wal-Mart to Test Hybrid and Alternative Fuel Trucks
Wal-Mart Stores will test two types of hybrid trucks and two types of alternatively fueled trucks, the company announced Monday.
February 2, 2009