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Diesel Jumps 15.5¢ to Record $3.974 a Gallon

Diesel fuel’s national average jumped another 15.5 cents Monday, to $3.974 a gallon, for its fourth straight record high, the Department of Energy said Monday.

March 18, 2008

Diesel Jumps to $3.819 a Gallon

The U.S. average retail diesel price broke its record high for the third straight week, surging to $3.819 a gallon and topping $4 a gallon in some places, pushed by soaring crude oil prices that also set all-time highs and closed above $110 a barrel for the first time in history.

March 17, 2008

Con-way Drops Truck Speeds to Cut Carbon, Save on Fuel

Less-than-truckload carrier Con-way Freight announced last week that it will set speed governors on its trucks at a maximum of 62 mph, down from 65 mph — a move the company said will cut its diesel consumption by about 3.2 million gallons a year.

March 17, 2008

EPA Sets New Ozone Standard

The Environmental Protection Agency reduced its primary eight-hour ozone standard to 0.075 parts per million from 0.084 ppm to comply with the requirements of the Clean Air Act.

March 14, 2008

EPA Sets Emissions Standards for Trains, Ships

Railroad locomotive engines and marine vessels will be subject to new clean air standards that would sharply reduce particulate and nitrogen oxide emissions, the Environmental Protection Agency said Friday.

March 14, 2008

Oil Closes Over $110 a Barrel

Crude oil closed above $110 a barrel for the first time Thursday after hitting an intraday record $111, Bloomberg reported.

March 13, 2008

Forward Air to Buy Houston Firm

Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

March 11, 2008

DOE Boosts Fuel-Price Forecast

The Department of Energy sharply boosted its projection for diesel prices, saying it will average $3.45 a gallon this year — 57 cents above last year’s average — and $3.70 in March and April.

March 11, 2008

Survey Says 70% of Carriers Are Satisfied With ’07 Engines

A survey of 87 trucking companies operating 2007-model engines showed 70% were satisfied with them, but fuel economy, soot filters and onboard computers were the top complaints of those that were not satisfied.

March 10, 2008