Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.
July 20, 2009Search
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Fuel Price Honeymoon
Our latest little honeymoon with fuel prices likely will end soon, as recent increases in the cost of crude oil work their way down to the retail pump.
July 27, 2009
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Last Years Diesel-Price Nightmare Teaches Fleets to Diversify Options in Buying Strategies to Cut Costs
Diesel prices have dropped almost 50% since record levels last year, but fleets continue to work on cutting fuel costs, one of their largest expenses.
July 27, 2009Standards Body Passes on Hot Fuel Rule
Trucking groups hailed the decision by the National Conference on Weights and Measures not to proceed with proposals to regulate the temperature of retail fuel at the pump.
July 27, 2009Wal-Mart, UPS to Expand Carbon-Emissions Reporting
Wal-Mart Stores and UPS Inc. have separately pledged to support enterprise-wide reporting of greenhouse gas emissions, underscoring the emerging relevance of the carbon accounting field to motor carriers.
July 27, 2009Diesel Drops 4.6瞽 to $2.496 in 4th Straight Weekly Decline
U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported the fourth straight decline but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.
July 27, 2009E&MU: Financial Aid Offsets Hybrid Costs
Transport carriers are under pressure to reduce greenhouse gas emissions, but the long-term fuel savings a hybrid truck could deliver are out of sync with fiscal reality for companies forced by the recessionary economy to pinch every penny.
July 22, 2009Forward Airs 2Q Profit Falls
Forward Air Corp.s second-quarter net income fell to $2.8 million, or 10 cents per share, compared with a profit of $12.1 million, or 42 cents, a year ago.
July 21, 2009Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its advanced version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 2009Diesel Falls 4.6瞽 to $2.496 in Fourth Straight Drop
Diesel fuel fell 4.6 cents to $2.496 a gallon, its fourth straight decline, the Department of Energy said.
July 21, 2009