Fuel
Business, Fuel, Government

Diesel Jumps 11.4¢ to $2.79 a Gallon

The average retail price of diesel fuel jumped 11.4 cents to $2.79 a gallon, the largest one-week jump in 18 months, the Energy Department reported.

April 9, 2007
Business, Fuel, Government, Safety

FedEx Buys Air Cargo Firm

TT File Photo

FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.

Transport Topics
April 6, 2007
Government, Business, Fuel, Autonomous

Crude Prices Fall Following Sailors’ Release by Iran

Crude oil futures fell lower Thursday after Iran released 15 British sailors it had held for two weeks, Bloomberg reported.

Transport Topics
April 5, 2007
Government, Business, Fuel, Autonomous

Crude Prices Ease After Iran Says It Will Release British Sailors

Crude oil futures prices declined Wednesday after Iran's President Mahmoud Ahmadinejad said that he will release 15 captured British sailors, news services reported.

Transport Topics
April 4, 2007
Fuel, Business, Logistics, Government

Diesel Jumps 11.4¢ to $2.79

Bruce Harmon/Trans Pixs

After falling by less than a penny in each of the past two weeks, the national average price of diesel fuel jumped 11.4 cents Monday to $2.79 a gallon, the Energy Department reported.

Transport Topics
April 3, 2007
Business, Fuel, Government, Safety

Kitty Hawk’s 4Q Earnings Increase

Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.

Transport Topics
April 3, 2007
Business, Fuel, Government, Safety

Air Cargo Shipments Dip 0.6%

Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.

Transport Topics
April 3, 2007
Business, Government, Safety, Fuel

Supreme Court Calls for Review of Greenhouse Gas Rules

The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.

Transport Topics
April 2, 2007
Business, Fuel, Government

UTi Worldwide’s 4Q, Full-Year Income Rise

Air and ocean freight forwarder UTi Worldwide's fourth-quarter net income rose to $23.6 million or 24 cents a share, from $9.7 million or 10 cents a year earlier.

Transport Topics
April 2, 2007
Business, Government, Safety, Fuel, Autonomous

EPA Issues SCR Guidelines

The U.S. EPA said last week that diesel engine manufacturers who want to use selective catalytic reduction to meet EPA’s 2010 emission rules must supply the urea SCR requires and prove it will be available to truck drivers using those engines.

Andrea Fischer | Staff Reporter
April 2, 2007

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