FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007BusinessGovernmentSafetyFuelAutonomous
Greenhouse Ruling Could Raise Costs
The Supreme Court’s ruling that the EPA must reconsider its position to leave “greenhouse gas” emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007BusinessFuelGovernment
Diesel Jumps 11.4¢ to $2.79 a Gallon
The average retail price of diesel fuel jumped 11.4 cents to $2.79 a gallon, the largest one-week jump in 18 months, the Energy Department reported.
April 9, 2007GovernmentBusinessFuelAutonomous
Crude Prices Fall Following Sailors’ Release by Iran
Crude oil futures fell lower Thursday after Iran released 15 British sailors it had held for two weeks, Bloomberg reported.
April 5, 2007GovernmentBusinessFuelAutonomous
Crude Prices Ease After Iran Says It Will Release British Sailors
Crude oil futures prices declined Wednesday after Iran's President Mahmoud Ahmadinejad said that he will release 15 captured British sailors, news services reported.
April 4, 2007FuelBusinessLogisticsGovernment
Diesel Jumps 11.4¢ to $2.79
After falling by less than a penny in each of the past two weeks, the national average price of diesel fuel jumped 11.4 cents Monday to $2.79 a gallon, the Energy Department reported.
April 3, 2007BusinessFuelGovernmentSafety
Kitty Hawk’s 4Q Earnings Increase
Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.
April 3, 2007BusinessFuelGovernmentSafety
Air Cargo Shipments Dip 0.6%
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.
April 3, 2007BusinessGovernmentSafetyFuel
Supreme Court Calls for Review of Greenhouse Gas Rules
The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.
April 2, 2007