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Diesel Drops 6.2¢ to $4.059 in Eighth Straight Decline

The national average price of diesel fuel fell for an eighth straight week, dropping 6.2 cents to $4.059 a gallon, the Department of Energy said Monday.

September 9, 2008

UTi Worldwide Reports Higher Earnings

Air and ocean freight forwarder UTi Worldwide said its net income for its 2009 fiscal second quarter ended July 31 rose to $33.7 million, or 33 cents a share, from $27.7 million, or 28 cents a year ago.

September 8, 2008

Diesel Dips 2.4¢ to $4.121

The average price of retail diesel in the United States dipped 2.4 cents a gallon last week to $4.121, the seventh straight decline, even as Hurricane Gustav reached the Gulf Coast, the Department of Energy reported.

September 8, 2008

Medium-Duty Truck Review: Green Is Clearly the Designer Color for 2009 Models

The color for 2009 medium- and light-duty trucks is green, as in environmentally friendly. There are no major changes to designs for the 2009 model year; like heavy-duty trucks, the next major changes will occur with the 2010 model year as manufacturers adapt to the next round of diesel emission standards.

September 8, 2008

EPA Approves Fuel Waiver for 16 Louisiana Parishes

The Environmental Protection Agency said it waived some clean fuel requirements for 16 parishes in the Louisiana until next Monday, Sept. 8, due to Hurricane Gustav, which hit the state Monday.

September 2, 2008

Forward Air to Acquire Service Express

Forward Air Corp. said Monday its wholly owned subsidiary, Forward Air Solutions Inc., has entered into an agreement to acquire certain assets of Service Express, a privately held provider of pool distribution and related services headquartered in Spartanburg, S.C.

September 2, 2008

Diesel Slips 2.4¢ to $4.121

Despite Hurricane Gustav blowing through the Gulf of Mexico over the weekend, diesel fuel’s national average price fell 2.4 cents to $4.121 a gallon in a seventh straight decline, the Energy Department said Tuesday.

September 3, 2008

DOT Won’t Block DHL-UPS Air Deal

Transportation Secretary Mary Peters told Ohio Gov. Ted Strickland (D) she does not believe the plan by DHL Express to use UPS Inc. for its U.S. air cargo operations constitutes unfair competition.

August 29, 2008

Fuel Average Drops Again

The U.S. average price of retail diesel continued its descent last week, falling another 6.2 cents a gallon to $4.145, the Department of Energy reported.

September 1, 2008

China’s Largest Truck Company’s Profit Rises 40%

China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.

August 28, 2008