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Port Adopts Clean-Truck Plan, Rejects Owner-Operator Ban

Long Beach officials last week put finishing touches on a sweeping, unprecedented set of rules aimed at dramatically cutting emissions from the 17,000 drayage trucks working at the huge California container port, rejecting the plan’s most controversial feature that would have forced independent owner-operators to work for larger carriers.

February 25, 2008

Long Beach Port Officials to Vote Tuesday on Emissions Plan

A plan by the Port of Long Beach, Calif., on how to address truck emissions and hire drivers is causing divisions with the adjacent Port of Los Angeles, the Los Angeles Times reported Tuesday.

February 19, 2008

Long Beach Port Officials Approve Emissions Plan

Officials with California’s Port of Long Beach have approved a plan aimed at reducing truck emissions at the port, in spite of objections from drivers, public health advocates, and environmentalists, the Los Angeles Times reported Wednesday.

February 21, 2008

Oil Climbs to Five-Week High

Crude oil prices rose more than $2 a barrel to $97.87 in electronic overnight trading on the New York Mercantile Exchange, the highest in five weeks, Bloomberg reported Tuesday.

February 19, 2008

Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time

The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.

February 20, 2008

International Unveils ‘LoneStar’ Aimed at Owner-Operators

CHICAGO — International Truck and Engine Corp. jumped into the high-end owner-operator market with a stunningly designed vehicle the company promises will be as aerodynamic and fuel-efficient as it is eye-catching.

February 18, 2008

Forward Air’s Profit Edges Up in 4Q

Forward Air Corp. said its fourth-quarter profit rose to $12.4 million, or 43 cents a share, from $12.2 million, or 40 cents, a year earlier.

February 12, 2008

DOE Lowers Diesel-Price Outlook

The Department of Energy lowered its outlook diesel prices, saying that prices would peak in April and May at just over $3.30 per gallon before tailing off to near to $3 later in the year.

February 12, 2008

Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

February 11, 2008