The ports of Los Angeles and Long Beach, Calif., which were to have begun collecting a 鈥渃lean trucks fee鈥 Monday, said they will delay the fee collection pending resolution of outstanding regulatory issues.
November 14, 2008Business, Fuel, Logistics
TT Logistics 50: Shippers, Carriers Seek Solutions to Logistics Challenges
Logistics companies face significant new challenges as both shippers and carriers look for ways to cope with financial turmoil, volatile fuel costs and slumping demand for goods and services.
November 17, 2008Government, Business, Safety, Fuel
Diesel Hits 14-Month Low
The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.
November 17, 2008Government, Business, Fuel
SoCal Ports Delaying Clean-Trucks Fee
Fuel, Business, Government
DOE Slashes Fuel-Price Outlook for 2009
The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.
November 12, 2008Fuel, Business
FedEx Targets Boosting Fleet Fuel Efficiency 20% by 2020
FedEx Corp. said Wednesday it plans to improve the fuel efficiency of its FedEx Express vehicle fleet by 20% and reduce carbon dioxide emissions from its aircraft fleet by 20% by 2020.
November 12, 2008Fuel, Business, Logistics, Government
Diesel Falls Below $3 a Gallon
Diesel fuel鈥檚 national average price fell below $3 for the first time since September 2007, dropping 14.4 cents to $2.944 a gallon, the Department of Energy reported.
November 12, 2008Business, Fuel, Government
DHL to End U.S. Ground and Air Domestic Operations
DHL Express said Monday it will end its U.S. domestic services in January and focus on its international shipping business.
November 10, 2008Government, Business, Fuel
UPS Expanding U.K., German 鈥楪reen鈥 Fleets
UPS Inc. Monday said it ordered 12 electric vehicles from British manufacturer Modec, which makes zero-emission delivery vans, for use in Germany and the United Kingdom.
November 10, 2008Business, Equipment, Fuel, Safety, Government
Shippers Seek to Cut Costs as Revenue Growth Stalls
Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.
November 10, 2008Fuel, Business, Government
Fuel Prices Continue Plunge
The U.S. retail diesel fuel average dropped 20 cents to $3.088 a gallon last week, the lowest price in more than a year as inventories remained high and demand remained low, the U.S. Department of Energy reported.
November 10, 2008