The Department of Energy continued to boost its projected price of diesel fuel, saying it will average $3.40 this year — a jump of 17 cents from its forecast last month.
January 12, 2011Business, Fuel
Diesel Average Rises to $3.333 in Sixth Consecutive Increase
The average price of a gallon of U.S. retail diesel rose by 0.2 cent last week to $3.333, the Department of Energy reported, while the regular gasoline price average climbed 1.9 cents to $3.089.
January 17, 2011Business, Fuel
Fuel Economy, Driver Issues Lead Fleets to Automatic Transmissions, Study Finds
Concerns about fuel efficiency and the need to attract new drivers to the industry continue to put pressure on heavy- and medium-duty fleets in North America and Western Europe to adopt manual automated and fully automatic transmissions for their vehicles, according to a study from consulting firm Frost & Sullivan.
January 13, 2011Business, Fuel
QualaWash Acquires PSC
Tanker-cleaning service QualaÂWash Holdings LLC said it acquired PSC Container Services for an undisclosed sum.
January 13, 2011Business, Fuel
Diesel to Average $3.40 This Year, DOE Says
Business, Fuel
Diesel Rises 0.2¢ to $3.333 in Sixth Straight Increase
Diesel rose for the sixth straight week though its increase slowed, gaining 0.2 cent to a national average $3.333 a gallon at the pump, the Department of Energy reported.
January 11, 2011Government, Fuel
Obama Signs Diesel Emissions Act Into Law
President Obama signed the Diesel Emissions Reduction Act into law Jan. 4.
January 10, 2011Business, Fuel
Oil Rises from Three-Week Low
Oil rose in early trading Monday after finishing Friday at a three-week low near $88 a barrel, Bloomberg reported.
January 10, 2011Business, Fuel, Government, Logistics
LTL Southeastern Freight Lines Opens Logistics Solutions Division
Less-than-truckload carrier Southeastern Freight Lines, Lexington, S.C., opened a new logistics division Jan. 4 to provide shippers with services in dry van, refrigerated and flatbed truckload, expedited delivery, intermodal drayage, brokerage, air freight and distribution.
January 10, 2011Business, Fuel
Diesel Fuel Rises 3.7¢ to $3.331
The average price of U.S. retail diesel rose another 3.7 cents last week to $3.331 a gallon, the Department of Energy reported, or 26.4 cents higher than it was two months ago.
January 10, 2011Business, Fuel
Oil Drops Following Stronger Inventory Report
Oil slipped below $89 a barrel Wednesday following a report that showed diesel and gasoline inventories improved more than forecast last week, Bloomberg reported.
January 5, 2011