The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.
August 7, 2007BusinessFuelGovernmentSafety
Atlas Air’s Second-Quarter Earnings Rise
Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.
August 8, 2007GovernmentBusinessSafetyFuel
Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request
Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.
August 7, 2007BusinessFuel
Quality to Acquire Boasso America
Tanker carrier Quality Distribution, Tampa, Fla., announced Thursday it will pay $60 million to acquire privately-held Boasso America Corp., a Chalmette, La., company that provides tanker cleaning and maintenance services, Bloomberg News reported.
August 3, 2007BusinessGovernmentFuel
Oil Closes at Record $78.21 a Barrel
Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.
August 1, 2007FuelBusinessLogisticsGovernment
Diesel Dips 0.3¢ to $2.886; Gasoline Tumbles Again
Diesel fuel’s national average pump price dipped 0.3 cent to $2.886 a gallon, while gasoline continued its downward trend, falling 8.2 cents to $2.876, the Energy Department said Monday.
July 31, 2007GovernmentBusinessSafetyFuel
Volvo’s Second-Quarter Earnings Plunge
Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007BusinessFuelSafetyGovernment
Paccar’s 2Q Income Dips on Lower Sales
Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit fell 19% as North American heavy-duty truck demand declined due to new U.S. clean air regulations.
July 24, 2007BusinessFuelGovernmentSafety
Forward Air’s Income Dips; Plans to Buy Indiana Carrier
Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.
July 24, 2007