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Oil Inventories Rise; Crude Tops $87 a Barrel

Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesday’s closing-price crude oil record of more than $87 a barrel.

October 17, 2007

U.S. Retail Diesel Average Dips 1.3¢

The average retail price of diesel fuel fell 1.3 cents last week to $3.035 a gallon, the first decline after five straight increases, the Department of Energy said.

October 15, 2007

Vermont Leaders Frustrated Over Emissions Rules

Vermont leaders expressed dismay at an effort by the Bush administration to oppose new state rules designed to reduce vehicle carbon emissions, amid growing concern the rules will be rejected by the Environmental Protection Agency, the Associated Press reported.

October 15, 2007

Diesel Gains 0.4¢ to $3.039; Oil Hits Record, Topping $86

Retail diesel fuel rose 0.4 cent to $3.039 a gallon, the Department of Energy said Monday, while crude oil jumped to a new closing-price record of $86.13 a barrel.

October 16, 2007

Intermodal Group Seeks to Block Clean Air Plan at SoCal Ports

The Intermodal Motor Carriers Conference said it strongly opposes an “abhorrent” clean-air plan proposed by the ports of Los Angeles and Long Beach, Calif. and will sue to block the program if the ports try to implement it, the IMCC told the Federal Maritime Commission.

October 15, 2007

Forward Air Says 3Q Income to Decline

Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.

October 11, 2007

BAX Sets Mexico Flights

BAX Global said it is expanding its overnight distribution capabilities between the United States, Mexico and Canada by adding an additional air cargo flight into Mexico, starting next Monday.

October 10, 2007

CARB Proposes to Mandate Equipment to Make Trucks More Fuel-Efficient by 2010

The California Air Resources Board, in a September staff report, proposed to require Class 8 trucks to be outfitted with fuel-efficiency technologies such as cab fairings, skirts, low-rolling-resistance tires and automatic tire-inflation systems by 2010.

October 9, 2007

CTA Calls for ‘Collaborative Strategy’ for SoCal Ports

The California Trucking Association said it is advocating a “collaborative strategy” with Southern California port officials to develop an alternative plan for trucks to meet emission goals.

October 9, 2007