Fuel
Fuel, Business, Government

Diesel, Gas Set Records

U.S. retail fuel prices continued to soar into uncharted territory last week, as the average price of diesel jumped another 8.4 cents to $4.143 a gallon and gasoline gained 11.9 cents to $3.508, the Department of Energy reported.

April 28, 2008
Business, Fuel

CVG’s First-Quarter Income Declines

Parts maker Commercial Vehicle Group said it earned $500,000, or 2 cents a share, in the first quarter, compared with $3 million, or 14 cents, a year ago.

Transport Topics
April 24, 2008
Business, Government, Fuel

Oil Dips from Record, Closing Just Over $118 a Barrel

Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.

Transport Topics
April 23, 2008
Business, Safety, Fuel, Government

Letters to the Editor: Fuel Prices, Sleep Apnea

I am interested in the feedback on fuel prices displayed in “Letters to the Editor.” Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.

April 23, 2008
Business, Fuel, Government, Logistics

Norfolk Southern’s 1Q Income Rises

Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

Transport Topics
April 22, 2008
Fuel, Business, Safety, Government

DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks

The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.

Transport Topics
April 22, 2008
Fuel, Business

DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks

The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.

April 22, 2008
Business, Fuel, Government

Texas Gets 1,450 Requests for Funding to Update Trucks in $110 Million Program

The state of Texas said it received about 1,450 requests for grants as part of its $110 million emission-reduction plan to help carriers retrofit and replace older trucks to help clean the state’s air.

April 22, 2008
Fuel, Business, Logistics, Government

Diesel Continues to Soar, Jumping 8.4¢ to $4.143

Tom Biery/Trans Pixs

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

Transport Topics
April 22, 2008
Business, Fuel, Government

Sen. Snowe Introduces Bill to Lower Diesel Tax

Sen. Olympia Snowe (R-Maine) has introduced legislation to lower the federal tax on diesel fuel, to make it on par with the gasoline tax.

Transport Topics
April 22, 2008

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