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Diesel Hits 14-Month Low

The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.

November 17, 2008

DOE Slashes Fuel-Price Outlook for 2009

The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.

November 12, 2008

Trimac’s 3Q Income Improves

Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.

November 10, 2008

DHL to End U.S. Ground and Air Domestic Operations

DHL Express said Monday it will end its U.S. domestic services in January and focus on its international shipping business.

November 10, 2008

TTNews.com to Close Tuesday for Veterans Day

Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.

November 10, 2007

UPS Expanding U.K., German ‘Green’ Fleets

UPS Inc. Monday said it ordered 12 electric vehicles from British manufacturer Modec, which makes zero-emission delivery vans, for use in Germany and the United Kingdom.

November 10, 2008

FleetPride Acquires Oregon Parts Distributor

Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said Monday it acquired E.H. Burrell Co., a distributor of original equipment manufacturer and aftermarket parts serving western Oregon and southwest Washington state.

November 10, 2008

Diesel Falls Below $3 a Gallon

Diesel fuel’s national average price fell below $3 for the first time since September 2007, dropping 14.4 cents to $2.944 a gallon, the Department of Energy reported.

November 12, 2008

Clean Energy Acquires Las Vegas CNG Stations

The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.

November 7, 2008