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Truckers Stage Some Slowdowns Over Diesel Prices

Truckers slowed to as low as 20 miles per hour on the New Jersey Turnpike on Tuesday, clogging the roadway as part of a nationwide protest against surging diesel fuel prices, Bloomberg reported.

April 1, 2008

UTI Worldwide’s Fourth-Quarter Earnings Decline

Air and ocean freight forwarder UTi Worldwide said its fiscal fourth-quarter profit fell 20% to $18 million, or 18 cents a share, including a restructuring charge that cut earnings by 6 cents a share.

March 28, 2008

Fuel Efficiency in Spotlight at Mid-America Trucking Show

LOUISVILLE, Ky. — Talk of fuel efficiency and reduced engine emissions largely displaced glitz and chrome at center stage at the Mid-America Trucking Show last week.

March 31, 2008

Diesel Tops Previous High

The average retail price of U.S. diesel rose another 1.5 cents a gallon to $3.989 last week, extending to five the string of record-high fuel prices recorded by the Department of Energy’s weekly report.

March 31, 2008

Covenant Projects 1Q Loss Due to High Fuel Costs

Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.

March 27, 2008

ATA Calls on Feds to Help Solve Fuel-Price ‘Crisis’

American Trucking Associations called for a series of steps by the federal government to alleviate it what it said was a crisis for the trucking industry caused by soaring fuel prices.

March 28, 2008

UPS Puts 167 CNG Delivery Vans Into Service

UPS Inc. said Thursday it has put 167 compressed-natural-gas-powered delivery vehicles into service in Texas, Georgia and California.

March 27, 2008

Cummins Releases CARB-Compliant APU

Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.

March 26, 2008

Oil Jumps Following DOE Report

Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.

March 26, 2008