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Covenant Projects 1Q Loss Due to High Fuel Costs

Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.

March 27, 2008

UPS Puts 167 CNG Delivery Vans Into Service

UPS Inc. said Thursday it has put 167 compressed-natural-gas-powered delivery vehicles into service in Texas, Georgia and California.

March 27, 2008

Cummins Releases CARB-Compliant APU

Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.

March 26, 2008

Oil Jumps Following DOE Report

Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.

March 26, 2008

Opinion: Carbon Tax Limits Truckings Green Choices

The trucking industry is part of a grand environmental experiment being conducted in British Columbia the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.

March 24, 2008

Diesel Gains 1.5瞽 to $3.989; Gas Dips Following Records

The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasolines price declined, the Department of Energy said Monday.

March 25, 2008

ATA, Coalition Want California to Ban Temperature Controls at Gas Pumps

American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.

March 24, 2008

ATA Asks for Oil Release from Strategic Petroleum Reserve

American Trucking Associations asked President Bush in a letter this week to help burst the bubble in the crude oil market by releasing oil from the Strategic Petroleum Reserve.

March 21, 2008

Diesel, Gasoline Hit New Highs

Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.

March 24, 2008