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Oil Climbs to Five-Week High

Crude oil prices rose more than $2 a barrel to $97.87 in electronic overnight trading on the New York Mercantile Exchange, the highest in five weeks, Bloomberg reported Tuesday.

February 19, 2008

Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time

The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.

February 20, 2008

Forward Air’s Profit Edges Up in 4Q

Forward Air Corp. said its fourth-quarter profit rose to $12.4 million, or 43 cents a share, from $12.2 million, or 40 cents, a year earlier.

February 12, 2008

DOE Lowers Diesel-Price Outlook

The Department of Energy lowered its outlook diesel prices, saying that prices would peak in April and May at just over $3.30 per gallon before tailing off to near to $3 later in the year.

February 12, 2008

Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

February 11, 2008

Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane ‘Ban’

Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.

February 11, 2008

Diesel Price Unchanged at $3.28

The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.

February 11, 2008

Maintenance Execs Say Costs, DPF Service Are Top ’07 Issues

ORLANDO, Fla. — Uncertainty about the life cycle of key emission control components and higher maintenance costs have emerged as the top concerns fleets have with 2007 heavy-duty diesel engines, maintenance and equipment heads at several major carriers said here.

February 11, 2008

Oil Falls to Near $88 a Barrel

Crude oil prices fell for a third trading day in pre-market trading Monday, with futures falling almost $1 to $88.07 a barrel on the New York Mercantile Exchange, Bloomberg reported.

February 4, 2008

Diesel Rises 2.1¢ to $3.28 a Gallon

The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.

February 5, 2008