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Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.

Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.

The trucking industry is part of a grand environmental experiment being conducted in British Columbia — the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.

American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.

American Trucking Associations asked President Bush in a letter this week to help “burst the bubble in the crude oil market” by releasing oil from the Strategic Petroleum Reserve.

The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.

Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.

The U.S. average retail diesel price broke its record high for the third straight week, surging to $3.819 a gallon and topping $4 a gallon in some places, pushed by soaring crude oil prices that also set all-time highs and closed above $110 a barrel for the first time in history.