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Forward Air Reports Flat Fourth-Quarter Profit

Forward Air Corp., a contractor to the air cargo industry, reported its fourth-quarter net income matched the previous year鈥檚, at $12.2 million, while earnings per share climbed to 40 cents a share from 38 cents.

February 13, 2007

Letters to the Editor: Hybrid Trucks, Diesel vs. Gasoline

to write a Letter to the Editor.
Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.

February 9, 2007

Diesel Price Rises 2.2 Cents to $2.435 a Gallon

The average price of retail diesel fuel rose 2.2 cents to $2.435 a gallon, marking the first increase in eight weeks, the Department of Energy said late Monday.

February 6, 2007

DOE Lowers 2007 Diesel Price Forecast to $2.59 a Gallon

Diesel prices will average $2.59 this year, down from $2.705 last year and 7 cents below an earlier forecast, the Department of Energy said Tuesday.

February 6, 2007

UPS Orders 27 Boeing Jets for Air Shipments

UPS Inc. said Monday it has ordered 27 new Boeing jets to support its growing package business while providing broad options for the management of its air fleet.

February 5, 2007

EPA Boosts Enforcement of ULSD Labeling Rule

The Environmental Protection Agency said it has increased enforcement of its fuel-pump labeling rule after finding that the majority of retail diesel pumps it tested did not display ultra-low-sulfur-diesel labels, even though they were dispensing ULSD.

February 5, 2007

Air Cargo Shipments Decline in December, Rise for Year

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

February 2, 2007

Truck Suppliers See Obstacles in Push for 鈥榃orld鈥 Vehicle

LAS VEGAS 鈥 Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty 鈥渨orld truck,鈥 but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.

February 1, 2007

STB Ruling Hits Rail Fuel-Surcharge Practices

The Surface Transportation Board ruled that freight railroads not calculate their fuel surcharges as a percentage of their base rates.

January 31, 2007

FedEx Completes Acquisition of Indian Express Firm

FedEx Corp. said Wednesday it completed its previously announced acquisition of Indian firm Prakash Air Freight Pvt. Ltd. Terms were not disclosed.

January 31, 2007