The Energy Department said diesel fuel will average $2.26 a gallon this year, down 4 cents from a previous forecast and well below the $3.80 average of last year.
May 13, 2009Business, Government, Fuel, Technology, Equipment, Safety
Volvo Backs Use of Longer, Heavier Trucks
BOSTON — Volvo Trucks joined the argument over allowing longer, heavier trucks on U.S. highways, saying Congress should allow them on the interstate system to relieve congestion, increase productivity, conserve fuel and cut greenhouse gas emissions.
May 18, 2009Fuel, Business, Government
April Consumer Price Index Unchanged
The consumer price index was unchanged in April, though prices excluding food and fuel rose, the Labor Department said Friday.
May 15, 2009Fuel, Business
Diesel to Average $2.26 This Year, DOE Says
Business, Fuel, Safety, Equipment, Government
Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO — A “perfect storm” of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009Fuel, Business, Logistics, Government
Diesel Rises 3.2¢ to $2.216; Gas Leaps 16.2¢ to $2.24
The national average price of diesel fuel rose for the first time in a month, climbing 3.1 cents to $2.216 a gallon, while gasoline pushed past diesel for the first time in almost two years, the Energy Department said.
May 12, 2009Fuel, Business, Government
Volvo Backs Longer, Heavier Trucks
BOSTON — Volvo Trucks North America said the United States should adopt a policy of allowing longer, heavier trucks on the nation’s highways as a way to increase driver productivity and to conserve fuel.
May 11, 2009Editorial, Business, Fuel, Government
Fuel’s Crystal Ball
If you have any doubts about the future direction of fuel prices, pay attention to what’s happening today.
May 11, 2009Government, Business, Fuel
Fleet’s Choice Site Creates Edge by Saving Miles, Fuel
Twenty-seven years ago at a bankruptcy sale, New England Motor Freight bought 22 acres at the Port of New York & New Jersey for just over $1 million.
May 11, 2009Government, Business, Fuel
Lower Costs Lead Truckers to Buy ’07 Diesels
Lofty goals for the widespread use of clean alternative fuels at the ports of Los Angeles and Long Beach, Calif., are running into market realities as drayage operators ignore liquefied natural gas engines and instead buy less-expensive diesel trucks.
May 11, 2009Government, Business, Fuel
Diesel Price Dips 1.6¢ to $2.185
The average price of retail diesel in the United States slipped another 1.6 cents last week to $2.185 a gallon, the Department of Energy reported, even as crude oil hit a five-month high.
May 11, 2009