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National Diesel Price Increase Moderates

The U.S. diesel average inched up last week 0.7 cent a gallon to $2.228, following two weeks of major increases, while the gasoline price dipped, the Department of Energy reported.

April 13, 2009

Diesel Price Jumps 13.1¢

U.S. retail diesel prices jumped sharply last week, a second straight bump that raised the national average a two-week total of 20.4 cents a gallon, or about 10%, as gasoline also rose, topping the $2 a gallon mark for the first time since November, according to the Department of Energy.

April 6, 2009

House Democrats Introduce Greenhouse Gas Bill

Democratic lawmakers announced legislation Tuesday that they say would reduce greenhouse gas emissions by one fifth, reduce dependence on foreign oil and create energy-related jobs, the Associated Press reported.

April 1, 2009

EPA Proposes Strict Ship Emissions Standards

The Environmental Protection Agency has asked that an emissions control area be created along the United States’ coastline to reduce what officials say are harmful emissions from ships.

March 30, 2009

Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months

Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.

March 30, 2009

EPA Set to Classify Greenhouse Gas a Danger

The Environmental Protection Agency is poised to declare that greenhouse gas emissions endanger the public’s health and welfare — a move that could accelerate government rulemaking related to air quality.

March 30, 2009

Senate Panel Criticizes DOT Secretary for Refusal to Consider Higher Fuel Tax

WASHINGTON — Members of the Senate Environment and Public Works Committee criticized Transportation Secretary Ray LaHood and the Obama administration for refusing to consider an increase in the federal fuel tax.

March 30, 2009

UTi Worldwide Reports Fourth-Quarter Loss

Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.

March 26, 2009

FedEx May Scrub $7.7 Bln. Order for New Jets

FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.

March 25, 2009