Crude oil prices topped $100 Thursday before receding to close at $99.18 a barrel, short of Wednesday’s closing-price record, Bloomberg reported.
January 3, 2008Government, Business, Safety, Fuel
Letters to the Editor: CARB Reefer Rules, Intermodal Answers
The op-ed by the California Air Resource Board’s enforcement division chief, James Ryden, about the new refrigerated carrier rules is as expected with CARB: “Ready, FIRE, aim!â€
January 7, 2008Business, Fuel, Government
UPS Expands International Express Service
UPS Inc. said Monday it is expanding an international air-freight service that guarantees delivery dates, as it leans more on global operations.
January 7, 2008Government, Business, Fuel
Oil Prices Fall on Economic Concerns
Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.
January 7, 2008Business, Fuel
Fuel Costs, Union Contracts, Economy Loom as Major Concerns in New Year
Don’t be surprised if the year ahead looks a lot like the year just ended, with some additional worries for freight carriers. Last year’s concerns continue for freight carriers, but they also have new ones.
January 7, 2008Business, Fuel
Web-Based Software Is Appealing to Fleets
For some fleet managers and maintenance supervisors today, a routine part of their job is accessing a secure Web site to view, say, fuel expenses for last month or a report on which trucks need servicing in the coming week.
January 7, 2008Government, Business, Safety, Fuel
Diesel Average Increases 3.7¢; Crude Briefly Tops $100
The average price of diesel fuel rose 3.7 cents to $3.345 a gallon last week while the price of crude oil pushed past $100 a barrel for the first time, which analysts said would soon lead to higher fuel prices.
January 7, 2008Business, Government, Fuel
Oil Tops $100 Before Receding
Business, Fuel
Crude Oil Hits $100 a Barrel
Crude oil futures hit $100 a barrel Wednesday for the first time, as global petroleum demand continued to outstrip supplies, the Associated Press reported.
January 2, 2008Fuel, Business, Government
Diesel Gains 3.7¢ to $3.345
The average price of retail diesel fuel rose 3.7 cents to $3.345 a gallon, while gasoline jumped 7.3 cents to $3.053, the Department of Energy said.
January 2, 2008Business, Fuel
Oil Closes at More Than $96 a Barrel
Crude oil closed at more than $96 Thursday for the first time in a month, following an Energy Department report that showed declining inventories, Bloomberg reported.
December 27, 2007