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Fuel Averages to Hit Records

Retail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.

April 11, 2007

Diesel Jumps 11.4瞽 to $2.79 a Gallon

The average retail price of diesel fuel jumped 11.4 cents to $2.79 a gallon, the largest one-week jump in 18 months, the Energy Department reported.

April 9, 2007

Greenhouse Ruling Could Raise Costs

The Supreme Courts ruling that the EPA must reconsider its position to leave greenhouse gas emissions from motor vehicles unregulated could lead to increased costs for trucking companies.

April 9, 2007

Diesel Climbs 5瞽 to $2.84

The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last weeks 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.

April 10, 2007

FedEx Buys Air Cargo Firm

FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.

April 6, 2007

Crude Prices Fall Following Sailors Release by Iran

Crude oil futures fell lower Thursday after Iran released 15 British sailors it had held for two weeks, Bloomberg reported.

April 5, 2007

Crude Prices Ease After Iran Says It Will Release British Sailors

Crude oil futures prices declined Wednesday after Iran's President Mahmoud Ahmadinejad said that he will release 15 captured British sailors, news services reported.

April 4, 2007

Air Cargo Shipments Dip 0.6%

Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.

April 3, 2007

Kitty Hawks 4Q Earnings Increase

Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.

April 3, 2007