Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.
May 6, 2008Business, Safety, Government
ATA Gives Knight Exec, Con-way 2008 Security Awards
American Trucking Associations’ Security Council presented its Security Professional of the Year award to Richard Martin, the corporate security director for truckload carrier Knight Transportation.
May 6, 2008Fuel, Business, Government
DOE Boosts Diesel-Price Forecast
Fuel, Business, Government
DeFazio Says Congress Should Help Truckers Hit by Fuel Costs
A key Congressman said lawmakers should help the trucking industry cope with diesel prices that have risen 45% in the past year, Bloomberg reported.
May 6, 2008Government, Business
Deutsche Post Names New U.S. DHL Chief
Deutsche Post said Tuesday it has appointed Ken Allen to lead its DHL Express unit in the United States, Bloomberg reported.
May 6, 2008Government, Business, Safety, Fuel
Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008Business, Safety, Government, Logistics
Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 2008Fuel, Business, Logistics, Government
Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records
The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008Business, Government
FedEx Expands Truckload Brokerage to Canada
FedEx Truckload Brokerage has expanded its coverage to many parts of Canada, the company said Monday.
May 5, 2008Business, Government
Senators Want EPA to Waive Future Ethanol Mandates
A group of Senate Republicans want the Environmental Protection Agency to consider waiving ethanol production mandates, amid rising food prices, the Associated Press reported Monday.
May 5, 2008Business, Safety, Government
ISM Services Index Expands
The U.S. economy’s service showed expansion last month, the Institute for Supply Management said Monday.
May 5, 2008