Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.
March 26, 2008Fuel, Business, Safety, Government
Covenant Projects 1Q Loss Due to High Fuel Costs
Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.
March 27, 2008Business, Fuel, Equipment, Government, Technology, Safety
Cummins Releases CARB-Compliant APU
Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.
March 26, 2008Business, Fuel, Government
Oil Jumps Following DOE Report
Fuel, Business, Logistics, Government
Diesel Gains 1.5¢ to $3.989; Gas Dips Following Records
The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasoline’s price declined, the Department of Energy said Monday.
March 25, 2008Business, Government, Fuel, Safety
Opinion: Carbon Tax Limits Trucking’s Green Choices
The trucking industry is part of a grand environmental experiment being conducted in British Columbia — the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.
March 24, 2008Fuel, Business, Safety, Government
ATA, Coalition Want California to Ban Temperature Controls at Gas Pumps
American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.
March 24, 2008Business, Fuel
L.A. Port to Banish Owner-Operators Under Emissions Plan
Port of Los Angeles officials last week approved the final piece of the port’s sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.
March 24, 2008Business, Fuel, Government
Diesel, Gasoline Hit New Highs
Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.
March 24, 2008Business, Safety, Fuel
ATA Asks for Oil Release from Strategic Petroleum Reserve
American Trucking Associations asked President Bush in a letter this week to help “burst the bubble in the crude oil market” by releasing oil from the Strategic Petroleum Reserve.
March 21, 2008Business, Government, Fuel
Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008