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Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225

The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.

March 11, 2008

CARB Set to Distribute $25 Million in Truck Retrofit, Replacement Grants

California environmental regulators said they will soon decide how to distribute early grants totaling $25 million for truck retrofits and replacements to help reduce diesel emissions at the state’s ports and intermodal facilities.

March 10, 2008

Con-way Reducing Its Fleet Speed to 62 MPH

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

March 10, 2008

TCA Chiefs Report Little Sign of Freight Tonnage Recovery

NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.

March 10, 2008

Fed ‘Beige Book’ Cites Freight Slowdown

The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.

March 5, 2008

Letters to the Editor: Port Restrictions, Congress and LCVs, Hours of Service, Farewell Trucking

This is in response to the Port of Long Beach’s idea to restrict trucks at the port. It sounds like they are trying to eliminate owner-operators by forcing them to upgrade their trucks when they can barely survive with the cost of fuel and insurance, among other things, going through the roof.

March 4, 2008

Gasoline Consumption Falling

Soaring gasoline prices, pushed by record crude oil prices, are causing U.S. consumers to reduce consumption of gasoline, the Wall Street Journal reported Monday.

March 3, 2008

Diesel Jumps 10.6¢ to Record $3.658

3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.

March 4, 2008

Editorial: Skyrocketing Fuel Prices Add Pain

As if a slowing economy, depressed housing and auto markets and sharply rising consumer prices aren’t bad enough news for trucking, fuel prices are skyrocketing again.

March 3, 2008

Fleets Search for Savings Through Strategic Equipment Purchases

With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.

March 3, 2008