The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.
October 23, 2007Search
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Forward Airs Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Kuehne & Nagel Profit Rises 34%
Kuehne & Nagel International AG, the worlds largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.
October 22, 2007Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039
The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.
October 21, 2007Oil Inventories Rise; Crude Tops $87 a Barrel
Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesdays closing-price crude oil record of more than $87 a barrel.
October 17, 2007Consumer Price Index Rises 0.3% in September
The consumer price index rose 0.3% in September, led by increases in food and fuel, the Labor Department said Wednesday.
October 17, 2007U.S. Retail Diesel Average Dips 1.3瞽
The average retail price of diesel fuel fell 1.3 cents last week to $3.035 a gallon, the first decline after five straight increases, the Department of Energy said.
October 15, 2007Vermont Leaders Frustrated Over Emissions Rules
Vermont leaders expressed dismay at an effort by the Bush administration to oppose new state rules designed to reduce vehicle carbon emissions, amid growing concern the rules will be rejected by the Environmental Protection Agency, the Associated Press reported.
October 15, 2007Diesel Gains 0.4瞽 to $3.039; Oil Hits Record, Topping $86
Retail diesel fuel rose 0.4 cent to $3.039 a gallon, the Department of Energy said Monday, while crude oil jumped to a new closing-price record of $86.13 a barrel.
October 16, 2007Intermodal Group Seeks to Block Clean Air Plan at SoCal Ports
The Intermodal Motor Carriers Conference said it strongly opposes an abhorrent clean-air plan proposed by the ports of Los Angeles and Long Beach, Calif. and will sue to block the program if the ports try to implement it, the IMCC told the Federal Maritime Commission.
October 15, 2007