Crude oil fell more than $5 to below $110 a barrel Tuesday, a day after Hurricane Gustav made landfall, sparing the region similar damage done by two big hurricanes three years ago, Bloomberg reported.
September 2, 2008Business, Fuel
Oil Falls Below $110, as Gustav Spares Major Gulf Rig Damage
Business, Fuel, Government
Fuel Average Drops Again
The U.S. average price of retail diesel continued its descent last week, falling another 6.2 cents a gallon to $4.145, the Department of Energy reported.
September 1, 2008Business, Fuel, Safety, Government
DOT Won’t Block DHL-UPS Air Deal
Transportation Secretary Mary Peters told Ohio Gov. Ted Strickland (D) she does not believe the plan by DHL Express to use UPS Inc. for its U.S. air cargo operations constitutes unfair competition.
August 29, 2008Business, Fuel, Government, Autonomous
China’s Largest Truck Company’s Profit Rises 40%
China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.
August 28, 2008Fuel, Business, Logistics, Government
Diesel Falls 6.2¢ to $4.145 a Gallon
The average national price of retail diesel fuel continued its downward trend, falling 6.2 cents to $4.145 a gallon, the Department of Energy said Monday.
August 26, 2008Fuel, Government, Business
Consumer Confidence Rises in August
Consumer confidence rose in August, as fuel prices fell as gasoline prices fell, the New York-based Conference Board said Tuesday.
August 26, 2008Business, Government, Safety, Fuel
Diesel Falls to 3-Month Low
The U.S. retail diesel average fell another 14.6 cents to $4.207 a gallon last week, extending the most pronounced drop in two years to a fifth consecutive week, the Department of Energy reported.
August 25, 2008Business, Logistics, Fuel, Autonomous
Two Carriers to Join Port of L.A.’s Clean Trucks Program
Two national truckload carriers have signed letters of intent to participate in the port of Los Angeles’ Clean Trucks Plan, the Los Angeles Times reported Friday.
August 22, 2008Business, Fuel, Safety, Government
ATA Supports Bipartisan Energy Plan
American Trucking Associations said it supports a bipartisan comprehensive energy bill that calls for domestic oil drilling, tax incentives and alternative energy research to lower the price of fuel.
August 22, 2008Business, Fuel, Government, Safety
Ohio Panel Holds Hearing on DHL-UPS Air Deal
About 200 people packed a legislative meeting in Ohio Tuesday to hear testimony on the potential impact of DHL’s plans to switch its domestic air cargo to UPS Inc., the Associated Press reported.
August 20, 2008