Oil futures moved briefly past $70 a barrel on Thursday for the first time since September before receding, after an Energy Department report showed that gasoline and distillate fuel inventories declined last week, Bloomberg reported.
June 28, 2007BusinessFuelGovernment
Varied Oil Charges Make Forecasts Difficult, Analysts Say
James Burr likens the job of forecasting diesel fuel prices to that of a television weatherman.
July 2, 2007BusinessFuelGovernment
Estes Revamps, Renames Air Forwarding Unit
Estes Express Lines said Friday that its Estes Air division will be reorganized as Estes Air Forwarding LLC, effective Sunday, July 1.
June 29, 2007BusinessFuelGovernmentLogisticsSafety
DHL Buys Stake in Polar Air
Package delivery firm DHL said Thursday it acquired a 49% stake Polar Air Cargo Express, a unit of Atlas Air Worldwide Holdings, to expand its business in the Asia-Pacific region.
June 28, 2007GovernmentBusinessSafetyFuel
L.A. Truckers Run Convoy to Back Ports’ Emissions Plan
A convoy of 100 diesel trucks motored slowly along the Harbor Freeway from South Los Angeles to the Port of Long Beach Wednesday as part of a push for cleaner air and better working conditions for drivers, television station KTLA reported on its Web site.
June 27, 2007BusinessSafetyGovernmentFuel
Letters to the Editor: SafeStat Scores, Seat Belts
We have had many examples of questionable DOT inspections — including two we had last month in Idaho on the same owner-operator’s tractor-trailer that were clean, but not Level 1s, which are the most thorough standardized inspections.
June 27, 2007FuelBusinessGovernment
Diesel Gains 3¢ to $2.835; Gas Dips 2.7¢ to $2.982
The average retail price of U.S. diesel fuel rose 3 cents $2.835 a gallon, the Department of Energy said Monday following its weekly price survey.
June 26, 2007BusinessFuel
Volvo’s Five-Month Truck Sales Drop 10%
Sweden’s Volvo AB said its truck sales fell 10% first five months of the year, as U.S. deliveries plunged after stricter emissions standards made trucks more expensive, Bloomberg reported.
June 25, 2007GovernmentBusinessSafetyFuelLogistics
So. Calif. Emissions Rules Could Boost New Truck Sales
A push for lower emissions from heavy-duty trucks, coupled with grants from state and localities in order to meet Southern California’s air-quality standards, are prompting interest in and sales of new trucks in the region, the Long Beach Press-Telegram reported Monday.
June 25, 2007FuelBusiness
Senate Seeks Mileage Study Before Setting Truck CAFE
The Senate last week weakened legislation that would have set mileage standards for heavy trucks, instead ordering an 18-month study of large-truck fuel economy before the government can set such standards.
June 25, 2007