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Falling Freight Gives Shippers Leverage
A loosening of the tight capacity for freight hauling now makes the fuel-surcharge programs — upon which motor carriers depend to insulate them from fuel price spikes — vulnerable to demands for change by shippers.
April 2, 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.
EPA Issues SCR Guidelines
The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.
April 2, 2007UTi Worldwide’s 4Q, Full-Year Income Rise
Air and ocean freight forwarder UTi Worldwide's fourth-quarter net income rose to $23.6 million or 24 cents a share, from $9.7 million or 10 cents a year earlier.
April 2, 2007Crude Oil Prices Continue to Rise, Topping $64 a Barrel
Crude oil futures rose to more than $64 a barrel in early trading Wednesday on the New York Mercantile Exchange, the seventh straight trading day of increases, Bloomberg reported.
March 28, 2007Diesel Average Price Falls 0.5 Cent to $2.676 a Gallon
The average national price of retail diesel fuel fell for a second straight week, dipping 0.5 cent to $2.676 a gallon, the Department of Energy reported Monday.
Automakers Ask Bush for Flex-Fuel Incentives
March 26, 2007
Biofuels Use to Surge as Governments Set Consumption Targets
Ethanol and biodiesel production is expected to surge in the next few years as government officials in Europe and the United States set higher targets for consumption and maintain subsidies for producers, a panel of experts predicted at a forum on biofuel policies and trade organized by the German Marshall Fund of the United States.
Trucking Would Consider Higher Taxes, Graves Says
The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.
March 23, 2007Navistar Says ’07s More Fuel Efficient
PALM SPRINGS, Calif. — The head of truck and engine maker Navistar International Corp. said its 2007 models are more fuel efficient and perform better than 2006 models, in addition to being cleaner burning.
March 23, 2007Diesel Falls 0.4 Cent to $2.681; Decline Is First in Seven Weeks
Following six straight weekly increases, the average national price of retail diesel fuel dipped 0.4 cent to $2.681 a gallon, the Department of Energy reported Monday.