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Forward Airs 4Q Income Falls

Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.

February 9, 2010

California Releases $20 Million in Hybrid Funding

The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

February 9, 2010

UPS Posts $757 Mln. Profit as Air Shipments Increase

UPS Inc. said it benefited from a sharp increase in December air shipments out of Asia and a busy holiday season to post profits for the fourth quarter and the full year.

February 8, 2010

Diesel Drops 5.2瞽 to $2.781 in 3rd Straight Weekly Decline

The U.S. retail diesel average dropped 5.2 cents to $2.781 a gallon last week, the third straight weekly drop, the Department of Energy reported.

February 8, 2010

EPA Budget Drops $20 Million in Diesel Grants

The Obama Administration is asking Congress to approve a nearly $10 billion Environmental Protection Agency budget that would shift $20 million in California truck diesel emissions retrofit grant funding to a nationwide diesel emissions reduction program that also includes funding for rail and marine diesel emissions reduction projects.

February 2, 2010

Knight Orders 370 New 2010 Trucks from Volvo

Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.

February 1, 2010

Diesel Drops 5.2瞽 to $2.781 in Third Straight Decline

Diesels national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010

Diesel Declines 3.7瞽 to $2.833

The U.S. retail diesel average price fell 3.7 cents a gallon to $2.833 last week, the largest one-week decline since July, the Department of Energy reported.

February 1, 2010

CARB May Delay Some Diesel-Emissions Regs

California environmental regulators are considering several options to delay some requirements of the states diesel emissions regulation to provide short-term relief for truckers feeling the effects of the recession.

January 26, 2010

Heavy Truck Fuel Consumption Can Be Reduced 30%, DOE Says

Aggressive fuel economy research and development funded by the federal government will reduce fuel consumption of long-haul trucks by 30%, Energy Secretary Steven Chu told a Senate committee Thursday.

January 25, 2010