Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Search
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Diesel, Gasoline Hit New Highs
Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.
March 24, 2008
Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
L.A. Port to Banish Owner-Operators Under Emissions Plan
Port of Los Angeles officials last week approved the final piece of the port’s sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.
March 24, 2008Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008Werner Warns on 1Q Earnings Due to Sluggish Demand, Fuel Costs
Truckload carrier Werner Enterprises said Wednesday it expects its first-quarter earnings to fall substantially below last year’s, the Associated Press reported.
March 19, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008ATA Projects Record Diesel Fuel Costs for 2008
American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.
March 17, 2008Schneider Sets Fuel-Hauling Service
Truckload carrier Schneider National said Monday it has added fuel-hauling capabilities to its bulk hauling division.
March 17, 2008EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency’s Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008