Transportation Secretary Ray LaHood and Environmental Protection Agency Administrator Lisa Jackson released proposed regulations for boosting automobile fleet fuel economy to reach 35.5 miles per gallon by 2016, the Associated Press reported.
September 16, 2009FuelBusinessLogistics
Schneider to Close Fueling, Maintenance Facilities in Wis., Ohio
Truckload carrier Schneider National will close fuel and maintenance centers in Wisconsin and Ohio, eliminating some jobs and relocating some employees, the Green Bay (Wis.) Press-Gazette reported.
September 18, 2009BusinessGovernmentSafetyFuel
TSA Sets Interim Rule on Air Cargo Security
The Transportation Security Administration announced an interim final rule implementing air cargo security regulations.
September 16, 2009BusinessFuelGovernment
Diesel Slips 1.3¢ in Second Consecutive Decline
The average price of diesel dropped slightly Monday for the second consecutive week, declining 1.3 cents to $2.634 a gallon, the Department of Energy reported.
September 15, 2009BusinessFuel
Oil Falls for Second Straight Day
Crude oil fell Monday morning for the second day in a row, reaching $68.02 per barrel on the New York Mercantile Exchange, Bloomberg reported.
September 14, 2009FuelGovernment
Gasoline Average Falls 5.1¢, Lundberg Says
Gasoline prices fell 5.1 cents in the past two weeks to $2.591 per gallon, according to latest Lundberg Survey of fuel prices released Sunday.
September 14, 2009BusinessFuelGovernment
Diesel Average Dips 2.7¢
The average retail price of U.S. diesel dipped 2.7 cents to $2.647 a gallon, breaking a string of six small weekly increases that began in mid-July, the U.S. Department of Energy reported.
September 14, 2009BusinessFuel
Navistar Has $12 Mln. Loss
Navistar International Corp. reported a $12 million loss in its fiscal third quarter, but top executive Daniel Ustian said he expects modest improvement in truck orders this quarter and next year, fueled by major fleets’ purchases.
September 14, 2009FuelBusinessLogisticsGovernment
DOE Forecasts Higher Diesel, Gas Prices
The national average price of diesel fuel will rise to $2.74 in the fourth quarter, from $2.62 in the third quarter, as the winter heating-fuel season begins and oil prices rise, the Department of Energy said Wednesday.
September 9, 2009BusinessFuelGovernment
UTi Worldwide’s Profit, Revenue Decline
Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal second quarter.
September 9, 2009