Crude oil continued its slide of the last few weeks, falling $1.58 Friday to close the trading week at $113.43 a barrel on the New York Mercantile Exchange, Bloomberg reported.
August 15, 2008Fuel, Business, Safety, Government, Equipment
Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008Business, Fuel, Government
UPS Expands Domestic Air Service
UPS Inc. said Monday it is offering “significant enhancements” to domestic on-call pickup service in for air packages.
August 18, 2008Government, Business, Safety, Fuel
Sept. 8 Hearing Set for ATA Suit on Calif. Ports’ Clean Truck Plan
American Trucking Associations said the U.S. District Court of Los Angeles has set a Sept. 8 hearing date on ATA’s motion for preliminary injunction on the harbor commissions of the ports of Los Angeles and Long Beach, Calif.
August 18, 2008Fuel, Business, Logistics, Government
Editorial: Fuel Prices Power Technology
We’ve now had four reasonably sharp weekly declines in the national average price of diesel fuel. While retail prices have dropped more than 41 cents a gallon over that span, the average is still astronomically high — $1.506 more than the average one year ago.
August 18, 2008Business, Fuel
N.C. Ethanol Plant to Open Next Year
A $100 million ethanol plant built by a company that also plans to invest in a carbon dioxide plant and a trucking company and is scheduled to open in North Carolina next year, the Associated Press reported.
August 18, 2008Business, Fuel, Equipment
Cummins Reverses Course, Will Use SCR for 2010 Engines
Engine manufacturer Cummins Inc. last week reversed its decision to use only exhaust-gas recirculation to meet 2010 emission standards and said it would instead use urea-based selective catalytic reduction to cut the new engines’ fuel consumption.
August 18, 2008Fuel, Business, Logistics, Government
Diesel Drops 14.9¢ to $4.353 a Gallon
The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking’s main fuel by 41.1 cents a gallon, the Department of Energy reported.
August 18, 2008Business, Fuel
Oil Closes Week Below $114
Government, Business, Safety, Fuel
Deutsche Post Chief Defends DHL-UPS Air Deal
Deutsche Post Chief Executive Officer Frank Appel defended the company’s DHL unit’s pending deal with UPS Inc. under which DHL Express would contract out its North American air operations to UPS, the Wall Street Journal reported Thursday.
August 14, 2008Business, Fuel, Equipment
Cummins to Add SCR Technology in 2010 Engines
Diesel engine maker Cummins Inc. said Wednesday it will add selective catalytic reduction aftertreatment to its heavy-duty 2010 engines.
August 13, 2008