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Oil Dips from Record, Closing Just Over $118 a Barrel

Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.

April 23, 2008

Sen. Snowe Introduces Bill to Lower Diesel Tax

Sen. Olympia Snowe (R-Maine) has introduced legislation to lower the federal tax on diesel fuel, to make it on par with the gasoline tax.

April 22, 2008

DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks

The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.

April 22, 2008

DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks

The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.

April 22, 2008

Railroads Showing Strong Growth, Paper Says

Freight railroads are benefitting from high diesel fuel prices, truck driver shortages and a growing green movement, the Washington Post reported Monday.

April 21, 2008

Forward Air Reports Steady 1Q Income

Forward Air Corp.s first-quarter profit was $10 million, or 35 cents a share, compared with $10.3 million, or 34 cents, a year earlier.

April 21, 2008

Diesel Continues to Soar, Jumping 8.4瞽 to $4.143

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

April 22, 2008

Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program

The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the states air.

April 22, 2008

Oil Sets Another Record, Hits $117 a Barrel

Crude oil hit $117 a barrel Friday, as the price soared to another closing price record to finish a week of all-time highs, Bloomberg reported.

April 18, 2008