Diesel fuel’s national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.
June 12, 2007Search
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DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007
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.
Congress Eyes Boosting Fuel Economy
Stronger fuel-economy rules stand their best chance in years of passing Congress, amid heightened concern about gas prices and global warming, the Los Angeles Times reported Tuesday.
June 12, 2007‘Hot Fuel’ Comes Under Federal Scrutiny
Federal lawmakers said that oil companies and service station owners cheated consumers due to fuel’s tendency to expand in warm temperatures, the Los Angeles Times reported Saturday.
June 11, 2007Crude Oil Tumbles $2 a Barrel
Crude oil plunged more than $2 a barrel from a nine-month high on concern that rising interest rates may lead to slower growth in demand, Bloomberg reported Friday.
June 8, 2007EPA Official Resigns as Head of Emissions Program
By Andrea Fischer, Staff Reporter
June 8, 2007UTi Worldwide’s 1Q Income Dips
Air and ocean freight forwarder UTi Worldwide’s fiscal first -quarter net income fell 6% to $18.1 million or 18 cents a share, from $19.3 million or 20 cents a year ago.
June 7, 2007Fuel Inventories Rise for Week
Inventories of crude oil, gasoline and distillate fuel all rose last week, and oil prices receded slightly in early trading Wednesday, Bloomberg reported.
June 6, 2007Ceva Secures EGL Financing
The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.
June 6, 2007CTA Opposes SoCal Port Plan
The California Trucking Association opposes regulations that would allow only newer, lower-emission trucks access to marine terminals, the Fresno Bee newspaper reported.
June 4, 2007