The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.
February 20, 2008Fuel, Business, Logistics, Government
Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time
Fuel
Wal-Mart’s Earnings Rise
Wal-Mart Stores said Tuesday its fourth-quarter profit rose 4% to $4.1 billion, or $1.02 per share, up from $3.9 billion, or 95 cents, a year earlier, though the company cited concern about rising fuel costs.
February 19, 2008Business, Government, Fuel
Oil Climbs to Five-Week High
Crude oil prices rose more than $2 a barrel to $97.87 in electronic overnight trading on the New York Mercantile Exchange, the highest in five weeks, Bloomberg reported Tuesday.
February 19, 2008Business, Fuel
Long Beach Port Officials to Vote Tuesday on Emissions Plan
A plan by the Port of Long Beach, Calif., on how to address truck emissions and hire drivers is causing divisions with the adjacent Port of Los Angeles, the Los Angeles Times reported Tuesday.
February 19, 2008Fuel, Business
International Unveils ‘LoneStar’ Aimed at Owner-Operators
CHICAGO — International Truck and Engine Corp. jumped into the high-end owner-operator market with a stunningly designed vehicle the company promises will be as aerodynamic and fuel-efficient as it is eye-catching.
February 18, 2008Business, Fuel, Government
DOE Lowers Diesel-Price Outlook
The Department of Energy lowered its outlook diesel prices, saying that prices would peak in April and May at just over $3.30 per gallon before tailing off to near to $3 later in the year.
February 12, 2008Business, Fuel, Government
Forward Air’s Profit Edges Up in 4Q
Forward Air Corp. said its fourth-quarter profit rose to $12.4 million, or 43 cents a share, from $12.2 million, or 40 cents, a year earlier.
February 12, 2008Fuel, Business, Logistics, Government
Diesel Price Unchanged at $3.28
The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.
February 11, 2008Business, Government, Safety, Fuel
Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane ‘Ban’
Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.
February 11, 2008Business, Fuel, Government, Safety, Logistics
Towne Air Freight Buys Synergy Cargo Logistics
Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.
February 11, 2008