The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.
February 5, 2008Search
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Oil Falls to Near $88 a Barrel
Crude oil prices fell for a third trading day in pre-market trading Monday, with futures falling almost $1 to $88.07 a barrel on the New York Mercantile Exchange, Bloomberg reported.
February 4, 2008Delphi’s Loss Increases; Bankruptcy Plan Approved
Parts maker Delphi Corp. reported a net loss in December of $964 million, more than double that of the same month a year earlier, Bloomberg reported.
February 4, 2008EPA Budget Would Boost ‘Clean Diesel’ Spending
The Environmental Protection Agency’s fiscal year 2009 budget request includes $49.2 million in clean diesel grants, EPA said Monday following the release of President Bush’s budget.
February 4, 2008Volvo Extends Partnership with Cummins for 2010 Engines
Volvo Trucks North America said Monday it will offer a heavy-duty engine made by Cummins Inc. that is certified for 2010 emissions standards for its Volvo VN Class 8 trucks, extending an existing agreement between the two.
February 4, 2008Bush Proposes $68 Billion for DOT’s ’09 Budget
President Bush proposed a $3.1 trillion fiscal 2009 budget on Monday that would give the Department of Transportation $68 billion, a $1 billion increase over last year’s request.
February 4, 2008Cummins’ Profit Rises in Fourth Quarter
Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.
February 1, 2008UAW Begins Strike at Volvo’s Va. Truck Plant
Volvo Trucks North America said Friday it failed to reach agreement with the United Auto Workers union on a labor contract that expired Thursday, and about 2,600 UAW members at its manufacturing plant in Virginia went on strike there Friday.
February 1, 2008Panel Recommends NYC Congestion-Fee Plan
The commission in charge of creating congestion-fee plan for New York City voted Thursday to approve a scaled-down version of an original proposal, but the plan would still charge cars and most trucks fees to enter the central part of Manhattan, the Associated Press reported.
February 1, 2008Unemployment Rate Dips to 4.9%; Payrolls Decline
The U.S. unemployment rate dipped to 4.9% in January from 5% in December, though payrolls declined, the Labor Department said Friday.
February 1, 2008