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UPS Orders 200 Hybrid, 300 New CNG Trucks

UPS Inc. said Tuesday it has ordered 200 hybrid electric vehicles for its U.S. delivery fleet, which it said was the largest commercial order of such trucks by any company.

May 13, 2008

Oil Hits Intraday Record, Near $127 a Barrel

Crude oil hit a new intraday record Tuesday near $127 a barrel, and heating oil futures also hit a record, Bloomberg reported.

May 13, 2008

Letters to the Editor: Border Program, Gas Tax Reality, Unpaid Miles, Fuel Prices

I agree with Secretary of Transportation Mary Peters: Congress should continue the cross-border program between the United States and Mexico.

May 12, 2008

Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule

The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California’s nitrogen oxide emission standards, providing users an exemption from the state’s five-minute idling regulation.

May 12, 2008

Diesel Soars 18.2¢ to Record $4.331

Diesel fuel jumped 18.2 cents to a new record Monday, averaging $4.331 a gallon at the pump nationwide, the Department of Energy said.

May 13, 2008

Diesel Price Slips 2.8¢ to $4.149

The average price of retail diesel slipped 2.8 cents last week from its all-time record — the first decline in four weeks — as the Department of Energy released a prediction that prices would remain above $4 a gallon for the foreseeable future.

May 12, 2008

ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard

American Trucking Associations launched a major initiative to meet the industry’s growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.

May 12, 2008

Wholesale Inventories Decline in March

Wholesale inventories fell 0.1% in March, led by a decline in crude oil supplies, the Commerce Department said Thursday.

May 8, 2008

Atlas Air Reports First-Quarter Loss

Air cargo company Atlas Air Worldwide Holdings said Thursday it lost $5.3 million, or 25 cents a share, in the first quarter, compared with a profit of $6.2 million, or 29 cents, a year ago.

May 8, 2008