The Energy Department said diesel fuel will average $2.26 a gallon this year, down 4 cents from a previous forecast and well below the $3.80 average of聽last year.
May 13, 2009Search
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Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO 鈥斅燗 鈥減erfect storm鈥 of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009Diesel Rises 3.2垄 to $2.216; Gas Leaps 16.2垄 to $2.24
The national average price of diesel fuel rose for the first time in a month, climbing 3.1 cents to $2.216 a gallon, while gasoline pushed past diesel for the first time in almost two years, the Energy Department said.
May 12, 2009Lower Costs Lead Truckers to Buy 鈥07 Diesels
Lofty goals for the widespread use of clean alternative fuels at the ports of Los Angeles and Long Beach, Calif., are running into market realities as drayage operators ignore liquefied natural gas engines and instead buy less-expensive diesel trucks.
May 11, 2009Proposal Would Boost Biofuels, Set Emission-Reduction Targets
The Obama administration last week issued a renewable fuel standard proposal aimed at growing the supply of biofuels and for the first time requiring them to meet emission-reduction targets.
May 11, 2009Fleet鈥檚 Choice Site Creates Edge by Saving Miles, Fuel
Twenty-seven years ago at a bankruptcy sale, New England Motor Freight bought 22 acres at the Port of New York & New Jersey for just over $1 million.
May 11, 2009Diesel Price Dips 1.6垄 to $2.185
The average price of retail diesel in the United States slipped another 1.6 cents last week to $2.185 a gallon, the Department of Energy reported, even as crude oil hit a five-month high.
May 11, 2009Fuel鈥檚 Crystal Ball
If you have any doubts about the future direction of fuel prices, pay attention to what鈥檚 happening today.
May 11, 2009Volvo Backs Longer, Heavier Trucks
BOSTON 鈥 Volvo Trucks North America said the United States should adopt a policy of allowing longer, heavier trucks on the nation鈥檚 highways as a way to increase driver productivity and to conserve fuel.
May 11, 2009Oil Closes at 6-Month High Over $56 a Barrel
Oil rose more than $2 Wednesday to close above $56 a barrel 鈥 the highest price in almost six months 鈥 following an Energy Department report that showed a smaller-than-expected increase in stockpiles, Bloomberg reported.
May 6, 2009