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Appeals Court Strikes Down CAFE Standards for Light Trucks

A federal appeals court ruled that Department of Transportation failed to take into account the value of reducing carbon emissions in setting the rules for 2008-2011 model light trucks and sport utility vehicles, Bloomberg News reported Thursday.

November 15, 2007

Oil Tops $98 a Barrel

Crude oil rose above $98 a barrel for the first time Wednesday as the dollar slid to a record low and analysts forecast U.S. stockpiles declined for a third week, Bloomberg reported.

November 7, 2007

SoCal Ports Set Plan to Ban Older Trucks

The Port of Long Beach said it is joining the Port of Los Angeles in setting a plan to bar older trucks from operating at the port, and approved a tariff structure that will gradually limit access to all but the cleanest vehicles.

November 6, 2007

Diesel Soars 14.6¢ to Record $3.303; Gas Jumps Over $3

Diesel fuel jumped to a new all-time high Monday, rising 14.6 cents over last week’s record to $3.303 a gallon, the Department of Energy said.

November 6, 2007

Fleets to Face Engine Dilemma as Some Makers Avoid SCR

The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.

November 5, 2007

Kitty Hawk Ceases Operations; Lays Off 500 Workers

Air cargo transporter Kitty Hawk Inc. said it and its subsidiaries will immediately cease all scheduled network air and ground operations, though will continue to operate air cargo charter operations.

October 30, 2007

Graves Urges Industry to Lead on Warming, Highway Issues

ORLANDO, Fla. — ATA President Bill Graves challenged industry leaders to move aggressively to lead the national debate on climate change, linking truck emission reductions to higher fuel consumption and the need for greater trucking productivity to alleviate congestion.

October 29, 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

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