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Ceva Secures EGL Financing

The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.

June 6, 2007

Diesel Dips 1.8¢ to $2.799; Gas Falls 5.2¢ to $3.157

Diesel fuel’s national average retail price fell 1.8 cents to $2.799 a gallon, while gasoline dropped more than a nickel to $3.157, the Department of Energy reported Monday.

June 5, 2007

Diesel Rises 3¢ to $2.803 a Gallon

Diesel fuel's national average price rose 3 cents to $2.803 a gallon last week, while retail gasoline spiked 11.5 cents to an all-time record of $3.218.

May 28, 2007

Diesel Climbs 1.4¢ to $2.817

Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.

May 30, 2007

Biofuels May Boost Gas Prices, N.Y. Times Says

Continued record high gasoline prices may become a trend, due in part to an expansion in biofuel development, according to some oil executives, the New York Times reported Thursday.

May 24, 2007

Calif. Seeks Stricter Greenhouse-Gas Rules

California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.

May 23, 2007

FMCSA Moves to Protect Fleets From ID Theft

Brent Jones first got word March 27 that his trucking company’s name was being used as part of a freight load board fraud scheme.

May 22, 2007

British Air to Take Part in E-Freight Trial

British Airways’ freight division will take part in what it says is the first trial to replace paper documents with electronic processes when transporting cargo, the U.K.

May 18, 2007

Pa. Trucking Firm Helps Buy Air Monitor

A Pennsylvania trucking company donated $7,500 to help the a local clean air board purchase a new air quality monitor for the county, Harrisburg, Pa., CBS affiliate WHP reported on its Web site.

May 21, 2007