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Diesel Declines 1.2¢ to $2.775

The average price of U.S. retail dipped 1.2 cents to $2.775 a gallon last week, the fourth straight decline. The fuel, however, remains just 3.3 cents below the high for the year, the Department of Energy reported.

December 7, 2009

UTi Worldwide’s 3Q Profit Falls

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.

December 3, 2009

Long Beach Rejects Clean Trucks Appeal

The Long Beach, Calif., attorney’s office has rejected an appeal by the Natural Resources Defense Council of a clean trucks lawsuit settlement between the Port of Long Beach and American Trucking Associations.

November 30, 2009

Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline

Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.

November 30, 2009

Rail More Fuel Efficient Than Trucks, Agency Says

The Federal Railroad Administration said the fuel efficiency of the freight-rail industry rose 22% between 1990 and 2006, and that when compared to trucks in similar routes and distances, is between 1.9 and 5.5 times more fuel efficient.

November 30, 2009

STB OKs Pooling Arrangement of 10 Calif. Drayage Carriers

The Surface Transportation Board has approved an application by 10 small drayage carriers serving the ports of Los Angeles and Long Beach, Calif., to pool some of their operations and purchases of fuel, equipment and materials.

November 30, 2009

Navistar Says It Is Losing Sales, Blames EPA’s Stance on SCR

Navistar Inc., which said it has spent $600 million to develop its 2010 exhaust gas recirculation engine, said the company is losing sales of next year’s model because federal regulators “helped create the false impression” among customers that only urea-based after-treatment systems would meet 2010 federal emissions standards.

November 30, 2009

Officials See Difficult Transition to VMT as Possible Replacement for Fuel Tax

WASHINGTON — Several lawmakers, Department of Transportation officials and experts have  expressed concern with elements of a vehicle miles traveled tax, which some advocates tout as a replacement for the fuel tax. They also cautioned that a transition to VMT could be a slow process.

November 30, 2009

Diesel Dips 0.3¢ to $2.787

Retail diesel prices edged lower again last week for the third consecutive time, while gasoline prices rose, the Department of Energy reported.

November 30, 2009

Kenan Advantage to Buy Assets of Reinhard Transportation

Kenan Advantage Group will acquire the assets of Reinhard Transportation, a Federal Way, Wash., fuel hauler that runs 64 trucks.

November 25, 2009