UPS Inc. said it reached agreement with the U.S. State and Transportation Departments to expand its air operations to and from Japan.
September 14, 2007BusinessGovernmentFuel
Crude Hits Another Record; Tops $81 Overnight
Crude oil futures hit another record Monday, closing at $80.57 a barrel, and the overnight trading price into Tuesday topped $81 for the first time as prices continued to climb, Bloomberg reported.
September 18, 2007GovernmentBusinessFuelEquipment
Fleet Directors Minimize Tires’ Cost
Tire wear and tear is inevitable, but carriers can minimize its effects by choosing high-quality materials and being rigorous about maintenance and checking correct air pressures, several fleet maintenance chiefs and tire manufacturers say.
September 17, 2007GovernmentBusinessSafetyFuelLogistics
Diesel Price Gains 3.1¢ to $2.924
The national average price of diesel fuel hit its highest level in more than a year last week following a 3.1-cent increase to $2.924 a gallon, while crude oil closed at more than $80 a barrel for the first time.
September 17, 2007BusinessFuelAutonomous
Oil Closes Above $80 for First Time
Crude oil futures rose to a third record in three days Thursday, closing the trading day at more than $80 a barrel for the first time ever, Bloomberg reported.
September 13, 2007BusinessFuel
Oil Tops $80 a Barrel for First Time
Crude oil futures topped $80 a barrel for the first time and closed at a record high for a second straight day, finishing the trading day at $79.19 on the New York Mercantile Exchange, Bloomberg reported Wednesday.
September 13, 2007BusinessFuelGovernment
Diesel Prices to Peak This Month, DOE Says
Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.
September 11, 2007BusinessGovernmentFuel
Oil Closes at Record $78.23 a Barrel
Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.
September 11, 2007FuelBusinessLogisticsGovernment
Diesel Gains 3.1¢ to $2.924
The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.
September 11, 2007GovernmentBusinessSafetyFuel
California Targets Oldest Trucks in New Emissions Proposal
A proposed California Air Resources Board regulation would force the owners of an estimated 80,000 trucks built before 1994 to remove them from the state’s roads by 2009, a trucking official said.
September 10, 2007