For the second straight week, the price of diesel fuel reached a new all-time record, jumping 12.2 cents to $3.425, the Department of Energy said Tuesday.
November 13, 2007Government, Business, Safety, Fuel
Appeals Court Strikes Down CAFE Standards for Light Trucks
A federal appeals court ruled that Department of Transportation failed to take into account the value of reducing carbon emissions in setting the rules for 2008-2011 model light trucks and sport utility vehicles, Bloomberg News reported Thursday.
November 15, 2007Fuel, Business, Government
Diesel Soars 12.2 cents to Record High of $3.425
Business, Fuel, Autonomous
Daimler Truck Group Launches Clean Truck Initiative
Daimler Truck Group, the commercial vehicle arm of Germany’s Daimler AG, on Monday announced a new clean commercial vehicles initiative, under which the company will manufacture more hybrid electric trucks and test the effectiveness of biofuels.
November 13, 2007Business, Fuel
EPA Issues Warning to Biodiesel Producers
The Environmental Protection Agency issued a warning to biodiesel producers they could face fines of up to $32,500 a day if their product does not meet quality standards.
November 13, 2007Business, Fuel
Diesel Soars 14.6¢ to Record $3.303 a Gallon
The average price of a gallon of diesel in the United States jumped 14.6 cents last week, setting a new record high of $3.303 a gallon, the Energy Department reported. Last week’s diesel price, $3.157 a gallon, matched the old record, set Oct. 24, 2005.
November 12, 2007Business, Fuel, Government
UPS Announces 4.9% Rate Increase for 2008
Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31.
November 9, 2007Business, Fuel, Logistics, Government
Editorial: Still Missing a National Fuel Policy
The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.
November 9, 2007Government, Business, Safety, Fuel
Oil Tops $98 a Barrel
Crude oil rose above $98 a barrel for the first time Wednesday as the dollar slid to a record low and analysts forecast U.S. stockpiles declined for a third week, Bloomberg reported.
November 7, 2007Business, Safety, Fuel
SoCal Ports Set Plan to Ban Older Trucks
The Port of Long Beach said it is joining the Port of Los Angeles in setting a plan to bar older trucks from operating at the port, and approved a tariff structure that will gradually limit access to all but the cleanest vehicles.
November 6, 2007Government, Business, Safety, Fuel
Diesel Soars 14.6¢ to Record $3.303; Gas Jumps Over $3
Diesel fuel jumped to a new all-time high Monday, rising 14.6 cents over last week’s record to $3.303 a gallon, the Department of Energy said.
November 6, 2007