Diesel fuel’s average price rose 4.3 cents, its third consecutive increase, to a four-month high of $2.274 a gallon, while gasoline jumped 12.6 cents, the Department of Energy said.
May 27, 2009Search
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N.H. Gov. Plans to Veto Gas Tax Increase
New Hampshire Gov. John Lynch (D) said he would veto the state’s budget if it includes a 15-cent fuel tax passed by the House and under consideration in the Senate, the Associated Press reported.
May 26, 2009Opinion: Use Pixels Not Paper
With the transportation industry challenged by extraordinary economic conditions, executives are devoting much time and effort to dealing with factors beyond their direct control, such as escalating fuel, vehicle and equipment costs. I believe they are leaving money on the table by not streamlining back-office processes that can offset these often-unforeseen external costs.
May 26, 2009Senate Confirms Heads for FAA, FTA
The Senate late Thursday confirmed Randy Babbit, former president of the Air Line Pilots Association, as the administrator of the Federal Aviation Administration.
May 22, 2009Letters: Transportation Needs, Heavy Trucks, Raise Fuel Taxes
With respect to the senators, when planning the needs for surface transportation, what practical experience do they or anyone reporting to them have in transportation?
May 25, 2009Fleet Execs See Likely Delay of New Truck Buying in 2010
NEW YORK — Trucking executives said the uncertainty about new engine technology required to meet federal emissions standards next year would likely keep them from buying many trucks during 2010.
May 25, 2009Obama Issues Stricter Auto Efficiency Rules
The Obama administration last week announced stricter requirements for automobile fuel efficiency and a first-ever national greenhouse gas reduction standard for cars and light trucks. Though heavy trucks are not immediately affected, an industry official suggested similar changes could be coming within the next decade.
May 25, 2009Fuel Price Hedgers Seeking Market Bottom
With fuel prices dramatically lower than just a year ago, carriers that engage in hedging are questioning whether the market is close enough to a bottom to begin locking in prices, according to several fuel-purchasing analysts.
May 25, 2009Oil Pushes Past $62 a Barrel to Six-Month High
Oil prices rose almost $2 to a six-month high of more than $62 a barrel Wednesday after a Department of Energy report showed that inventories fell last week, Bloomberg reported.
May 20, 2009Obama Unveils New Emissions Standards
President Obama Tuesday outlined his administration’s comprehensive plan to curb emissions from cars and light trucks, saying the rules would cut dependence on imported oil and move the United States toward a “clean energy” economy, the Associated Press reported.
May 19, 2009