President Obama announced plans Wednesday to allow expanded oil and natural-gas drilling off the U.S. East Coast and in the Gulf of Mexico.
March 31, 2010Search
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Oil Climbs Toward $81 a Barrel
Oil rose in early trading Monday to near $81 a barrel as the U.s. dollar fell versus the euro, Bloomberg reported.
March 29, 2010Diesel Declines 0.7¢ to $2.939; Downturn Is First in Six Weeks
Diesel’s national average pump price fell for the first time in six weeks, dipping 0.7 cent to $2.939 a gallon, the Department of Energy reported.
March 30, 2010Manufacturers Seek Better Times at Mid-America Trucking Show
LOUISVILLE, Ky. — Truck makers and their suppliers returned to marketing products here that intrigue drivers and appeal to fleet executives based on durability, comfort, ease of operation and even pizzazz, after years spent surviving the Great Recession and straining to meet government-imposed emissions requirements.
March 29, 2010Diesel Up for Fifth Straight Week to $2.946; Gasoline Gains 3.1¢
The U.S. retail diesel average increased 2.2 cents to $2.946 a gallon last week for its fifth straight increase, the Department of Energy reported. Diesel now has jumped 19 cents a gallon since Feb. 15, when it was at $2.756.
March 29, 2010Oil Rises Past $81 Following DOE Inventory Report
Oil rose past $81 a barrel early Thursday following the Department of Energy’s weekly report that showed crude supplies increased last week, Bloomberg reported.
March 25, 2010Navistar Unveils Updated ProStar
LOUISVILLE, Ky. — Navistar Inc. has introduced the ProStar Plus, a lighter, more fuel-efficient version of its ProStar Class 8 tractor.
March 25, 2010Diesel Rises Again, Gaining 2.2¢ to $2.946 a Gallon
Diesel’s national average price continued its climb toward $3 a gallon, rising 2.2 cents to $2.946, a 16-month high, the Department of Energy reported.
March 23, 2010Industry Opposed to Quick Implementation of Clean-Truck Plan at Port of N.Y./N.J.
A new diesel-emissions-reduction program at the Port of New York and New Jersey that will ban pre-1994 trucks beginning in 2011 will be costly and burdensome for motor carriers and comes at a time when fleets are reeling from the recession, state trucking officials said.
March 22, 2010FedEx Posts 146% Increase in Fiscal Third-Quarter Profit
FedEx Corp. posted a 146% increase in quarterly net income driven by explosive growth in returns at its air express division and a nearly one-third increase in ground parcel delivery profits, the second-largest company in North American freight transportation said March 18.
March 22, 2010