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Biodiesel Production to Drop by 50%, Analysts Predict

U.S. biodiesel production has been rocketing upward in each of the past 10 years and reached 690 million gallons last year, but industry officials and analysts said it would drop this year by half to 350 million gallons or as low as 250 million gallons.

August 24, 2009

Key Ports Appeal to Congress for Power to Regulate Trucks

The battle over how to best accomplish clean-truck programs for drayage fleets has moved from California ports and courtrooms to the halls of Congress.

August 24, 2009

Crude Tops $72 a Barrel

Oil rose to near a two-month high of more than $72 a barrel early Thursday, a day after jumping more than $3, Bloomberg reported.

August 20, 2009

ATA Says California Reefer Rule Is Unfair

Californias new emission-reduction rule for transport refrigeration units unfairly imposes air quality standards on out-of-state carriers, attorneys for American Trucking Associations and the Truckload Carriers Association told a federal appeals court.

August 19, 2009

Oil Tops $70 Following DOE Inventory Report

Oil pushed past $70 a barrel Wednesday for the first time this week following a Department of Energy report that showed crude inventories plunged last week, Bloomberg reported.

August 19, 2009

Towne Air Freight Buys Texas Land and Air

Towne Air Freight said it has acquired Texas Land and Air to establish a presence in that state and widen its service offerings.

August 18, 2009

Diesel Rises 2.7瞽 to $2.652; Gas Dips a Penny

Diesel rose 2.7 cents to $2.652 a gallon , its highest price this year, the Department of Energy reported.

August 18, 2009

FTC Rule Could Result in $1 Mln. Fine for Illegal Manipulation of Fuel Prices

In the face of growing pressure on the federal government to regulate oil markets and trading, the Federal Trade Commission has issued a new rule that could result in fines of up to $1 million if traders or companies are found manipulating fuel markets.

August 17, 2009

Diesel Rises 7.5瞽 to $2.625

The average retail price of a gallon of diesel in the United States rose 7.5 cents last week to $2.625, the highest level this year, the Energy Department reported.

August 17, 2009

Biodiesel Group Says EPA Rule Threatens Future Production

A proposed U.S. Environmental Protection Agency rule designed to expand biofuel use actually has brought the biodiesel market to a grinding halt, because it does not allow most blends of soy oil, according to the National Biodiesel Board.

August 17, 2009