Crude oil futures prices fell to their lowest level in seven weeks Wednesday following an Energy Department report that showed inventories rose last week.
May 9, 2007Search
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Producer Price Index Gains 0.7%
The producer price index rose 0.7% in April, while the core PPI excluding food and energy was unchanged for a second straight month, the Labor Department said Friday.
May 11, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007Atlas Air Turns 1Q Profit
Air cargo company Atlas Air Worldwide Holdings said it earned $6.2 million or 29 cents a share in the first quarter, turning around a loss of $3.7 million or 18 cents a year ago.
May 8, 2007Senate Panel Sets Mileage Bill To Include Heavy Trucks
A Senate panel approved a measure that would boost automobile fuel-economy standards and set mileage standards for heavy trucks for the first time, the Wall Street Journal reported Wednesday.
May 9, 2007Diesel Price to Drop, DOE Says
Retail diesel prices for 2007 will peak this month at $2.92 a gallon before gradually declining every month through the end of the year, the Department of Energy said.
May 8, 2007Diesel Declines 4¢ to $2.811
Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.
May 7, 2007Freightliner Sets New ‘Cascadia’ Truck
CHARLOTTE, N.C. — Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called “Cascadia†it said improves fuel efficiency by 3%.
May 7, 2007Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007Diesel Dips 1.9¢ to $2.792; Gas Jumps 8.3¢ to $3.054
The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.
May 8, 2007