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DOE Boosts Diesel-Price Forecast

Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.

May 6, 2008

Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest

Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.

May 6, 2008

DOT Secretary Peters Launches Blog

Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.

April 30, 2008

Senators Want EPA to Waive Future Ethanol Mandates

A group of Senate Republicans want the Environmental Protection Agency to consider waiving ethanol production mandates, amid rising food prices, the Associated Press reported Monday.

May 5, 2008

FedEx Expands Truckload Brokerage to Canada

FedEx Truckload Brokerage has expanded its coverage to many parts of Canada, the company said Monday.

May 5, 2008

ISM Services Index Expands

The U.S. economy’s service showed expansion last month, the Institute for Supply Management said Monday.

May 5, 2008

Ritchie Bros. Reports Slight Drop in 1Q Income

Ritchie Bros. Auctioneers said it earned $16.4 million, or 16 cents per share, in the first quarter, down slightly from $17.6 million, or 17 cents, a year ago.

May 2, 2008

Pilgrim’s Pride Reports Fiscal 2Q Loss

Pilgrim’s Pride Corp., the world’s biggest poultry processor, said Monday it lost $111.4 million, or $1.67 per share, in its fiscal second quarter, compared with a  loss of $40.1 million, or 60 cents, a year ago.

May 5, 2008

Auto Industry Seeks States’ Support on Emissions Rules

The automobile industry is focusing on state lawmakers in an effort to head off any plans to regulate greenhouse-gas emissions similarly to California, the Wall Street Journal reported Monday.

May 5, 2008

Gasoline Surges 15¢ to $3.62

Gasoline prices jumped 15 cents in the past two weeks to a national average $3.62 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

May 5, 2008