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UTi Worldwide鈥檚 2Q Income Dips

Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal second-quarter net income fell 20% to $27.7 million or 28 cents a share, from $34.5 million or 35 cents a year ago.

September 6, 2007

Tweaking Specifications on Truck Engines Can Raise Fuel Economy, Study Finds

Fleets can save fuel 鈥 possibly by as much as 5% 鈥 by 鈥渙verspec鈥檌ng鈥 engines, according to PHH FirstFleet, an asset, financial and technology management company for fleets.

September 4, 2007

Diesel Rises 3垄 to $2.893; Gas Jumps 4.7垄 to $2.796

The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.

September 5, 2007

NHTSA to Issue Side Air Bag Rule

Federal officials next month are set to unveil a requirement that automakers install side air bags by the early part of the next decade, the Detroit News reported.

August 29, 2007

Diesel Dips 0.5垄 to $2.863

The average national retail price of diesel fuel fell a half-cent to $2.863 a gallon, the Energy Department said Monday.

August 28, 2007

Calif. Proposes NOx Limits; Hearing Set for Tuesday

Trucks built before 1994 would have to meet 2007 nitrogen oxide emission limits, according to a draft proposal released Aug. 17 by the California Air Resources Board.

August 27, 2007

Diesel and Gasoline Prices Rise

The national average prices of retail diesel and gasoline rose last week, even as crude oil futures fell to an eight-week low after Hurricane Dean passed without any significant disruption to U.S. oil production.

August 27, 2007

Oil Steady Below $70 Following DOE Inventory Report

Oil prices were steady Wednesday following a Department of Energy report that showed increases in inventories last week, Bloomberg reported.

August 22, 2007

Oil Steady as Hurricane Dean Bypasses Most Gulf Platforms

Crude oil prices were little changed Tuesday as Hurricane Dean bypassed most U.S. oil platforms and refineries in the Gulf of Mexico, Bloomberg reported.

August 21, 2007

Diesel Rises 2.1垄 to $2.868

The U.S. average retail price of diesel fuel rose 2.1 cents to $2.868 a gallon from a week ago, the Department of Energy reported Monday.

August 21, 2007