Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel, Government

Diesel Jumps 7.8¢ to $2.352

The average price of a gallon of diesel fuel jumped 7.8 cents last week to $2.352 a gallon, the highest level since December, while gasoline rose another 8.9 cents as crude oil pushed near $70 a barrel, the Department of Energy reported.

June 8, 2009
Business, Fuel, Government

UTi Worldwide’s Profit, Revenue Decline

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal first quarter, due the ongoing recession.

June 5, 2009
Business, Fuel

Oil Closes Near $70 a Barrel

Crude oil rose to near $70 a barrel Thursday before receding to close the trading day at just under $69 on the New York Mercantile Exchange, Bloomberg reported.

June 4, 2009
Business, Fuel, Government

Oil Drops $2 After DOE Cites Higher Inventories

Oil prices took their biggest one-day drop in six weeks Wednesday to near $66 a barrel following an Energy Department report that showed crude inventories improved last week, Bloomberg reported.

June 3, 2009
Fuel, Business, Logistics, Government

Diesel Rises 7.8¢ to $2.352 a Gallon

Diesel fuel’s national average price rose 7.8 cents from a week ago to $2.352 a gallon, its highest level this year, the Department of Energy said.

June 2, 2009
Government, Business, Fuel

Calif. Program Seeks to Help Truckers with Retrofit Loans

California has set up a loan program for truckers to meet looming stricter emissions requirements next year, but some carriers say the industry is in such a difficult state that they may not last long enough to get the loans, the Santa Cruz (Calif.) Sentinel reported Tuesday.

June 2, 2009
Business, Fuel, Government

Air-Weigh Says Its Scales Standard on Kalyn Siebert Trailers

Onboard scale manufacturer Air-Weigh said that Kalyn Siebert, a subsidiary of Heil Trailer International, has made the Air-Weigh’s trailer scales standard on its heavy-haul trailers.

June 2, 2009
Business, Government, Fuel

House Passes Bill Easing Union Organizing of FedEx Express’ Terminal Employees

Before Congress recessed for its Memorial Day break, the House of Representatives passed legislation that could make it easier for employees of FedEx Corp.’s express unit to unionize, and the House energy committee approved a bill that would set up a cap-and-trade program to limit output of greenhouse gases.

June 1, 2009
Business, Fuel, Government

Diesel Rises 4.3¢ to $2.274

Rising crude oil prices helped drive the average U.S. retail price of diesel fuel up 4.3 cents last week to $2.274 a gallon, while higher demand tied to increased summer driving pushed gasoline up nearly three times as much, the Energy Department reported.

June 1, 2009
Government, Business, Safety, Fuel

Navistar Challenges EPA on SCR Technology

Truck and engine manufacturer Navistar Inc. has challenged the Environmental Protection Agency’s authority to certify heavy-duty diesel engines using selective catalytic reduction to meet the agency’s 2010 standards for emissions of nitrogen oxides.

May 29, 2009