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Forward Air Swings to 1Q Profit

Forward Air Corp. reported a first-quarter profit of $3.4 million, or 12 cents per share, compared with a loss of $3.1 million, or 11 cents, a year ago.

April 21, 2010

Volcano Continues to Hamper Air Freight in Europe

The huge ash cloud hanging over Europe from last week’s volcano eruption in Iceland is hampering global air freight and causing a shift in European cargo from planes to trucks, news services reported.

April 19, 2010

Diesel Increase Slows; Rises Half a Cent to $3.074

Diesel’s price increase slowed following two big gains in the past two weeks, with the national average price rising half a cent to $3.074 a gallon, the Department of Energy reported.

April 20, 2010

Diesel Rises 5.4¢ to $3.069

The U.S. average retail diesel price rose another 5.4 cents a gallon last week to $3.069, raising concern among fleet executives and analysts alike that the steady rise could dampen economic growth. 

April 19, 2010

Oil Takes Biggest Drop in 10 Weeks

Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.

April 16, 2010

Oil Falls for Sixth Time in Seven Days

Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.

April 16, 2010

Trucking Concerned Over New Maine Heating-Oil Sulfur-Content Law

Maine has adopted legislation that will eventually require heating oil to have the same low-sulfur content as diesel fuel used in trucks, a move some in the oil and trucking industries fear could raise demand and prices for trucking’s main fuel.

April 13, 2010

Gas Gains 3.8¢ to $2.85, Lundberg Survey Says

Regular gasoline’s national average rose 3.8 cents over the past three weeks, to $2.85 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.

April 12, 2010

Diesel Rises Again, Gaining 5.4¢ to $3.069 a Gallon

Diesel rose for the second straight week and the seventh time in eight weeks, increasing 5.4 cents to $3.069 per gallon, the Department of Energy said Monday.

April 13, 2010

Utah Clean Truck Program to Provide APU Funding

State and federal grants totaling $585,000 will help 15 trucking companies in Utah install auxiliary power units, the Associated Press reported.

April 9, 2010