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Diesel Rises 6.3¢ to Match Record $3.157

The national average price of diesel fuel rose 6.3 cents to $3.157 a gallon, matching the all-time record set two years ago, the Energy Department said Monday.

October 30, 2007

Forward Air’s Third-Quarter Profit Declines

Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.

October 23, 2007

Forward Air’s Third-Quarter Profit Declines

Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.

October 23, 2007

Diesel Climbs 5.5¢ to $3.094; Gasoline Jumps 6.1¢ to $2.823

The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon — the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.

October 23, 2007

Kuehne & Nagel Profit Rises 34%

Kuehne & Nagel International AG, the world’s largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.

October 22, 2007

Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007

Oil Inventories Rise; Crude Tops $87 a Barrel

Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesday’s closing-price crude oil record of more than $87 a barrel.

October 17, 2007

Consumer Price Index Rises 0.3% in September

The consumer price index rose 0.3% in September, led by increases in food and fuel, the Labor Department said Wednesday.

October 17, 2007

U.S. Retail Diesel Average Dips 1.3¢

The average retail price of diesel fuel fell 1.3 cents last week to $3.035 a gallon, the first decline after five straight increases, the Department of Energy said.

October 15, 2007