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DHL Buys Stake in Polar Air

Package delivery firm DHL said Thursday it acquired a 49% stake Polar Air Cargo Express, a unit of Atlas Air Worldwide Holdings, to expand its business in the Asia-Pacific region.

June 28, 2007

L.A. Truckers Run Convoy to Back Ports’ Emissions Plan

A convoy of 100 diesel trucks motored slowly along the Harbor Freeway from South Los Angeles to the Port of Long Beach Wednesday as part of a push for cleaner air and better working conditions for drivers, television station KTLA reported on its Web site.

June 27, 2007

So. Calif. Emissions Rules Could Boost New Truck Sales

A push for lower emissions from heavy-duty trucks, coupled with grants from state and localities in order to meet Southern California’s air-quality standards, are prompting interest in and sales of new trucks in the region, the Long Beach Press-Telegram reported Monday.

June 25, 2007

Diesel Gains 3¢ to $2.835; Gas Dips 2.7¢ to $2.982

The average retail price of U.S. diesel fuel rose 3 cents $2.835 a gallon, the Department of Energy said Monday following its weekly price survey.

June 26, 2007

Senate Passes Energy Bill

The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.

June 22, 2007

OEMs Promote Disc Brakes as 2007 Option

Class 8 truck makers said they are offering electronically controlled air disc brakes as an option in 2007 models, promoting them as safer and easier to maintain than the drum brakes most U.S. heavy trucks use.

June 25, 2007

Senate Panel Backs Alternative Fuel Tax Breaks

A Senate committee approved $28 billion in tax breaks Tuesday to underwrite renewable fuels and “clean coal” technology, but the full Senate cut back provisions that would greatly expand diesel fuel made from coal, the New York Times reported.

June 20, 2007

Oil Rises to Nine-Month High, Nearing $70 a Barrel

Crude oil futures rose to a nine-month high Tuesday, closing at $69.10 a barrel, the highest New York Mercantile Exchange closing price since Sept. 1, Bloomberg reported.

June 19, 2007

Democrats Demand Action on ‘Hot’ Fuel

WASHINGTON — Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by “hot” fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.

June 18, 2007