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Forward Air’s Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007

U.S. Fuel Prices Continue to Rise

Fuel prices continued to rise last week as heavy demand for diesel and gasoline combined with high oil prices and a string of refinery shutdowns.

April 23, 2007

Diesel Drops 2.6¢ to $2.851

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007

Swift’s First-Quarter Earnings Tumble

Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.

April 19, 2007

Maersk to Boost Fuel Surcharge

A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.

April 16, 2007

Diesel Gains 5¢ to $2.84 a Gallon

The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.

April 16, 2007

Diesel Rises 3.7¢ to $2.877

The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.

April 17, 2007

March Producer Prices Rise 1%

The producer price index rose 1% in March, the Labor Department reported Friday. The core PPI excluding food and energy was unchanged.

April 13, 2007

UPS Signs China Air Pact

UPS Inc. and the Shanghai, China, Airport Authority signed an agreement Thursday that is a step toward construction of an air hub at the Shanghai airport.

April 12, 2007