Fuel
Fuel, Business, Safety, Government

Covenant Projects 1Q Loss Due to High Fuel Costs

Truckload carrier Covenant Transportation Group said Thursday it will lose 40 cents to 50 cents per share in the first quarter, citing soaring diesel fuel prices.

Transport Topics
March 27, 2008
Business, Fuel, Equipment, Government, Technology, Safety

Cummins Releases CARB-Compliant APU

Diesel engine maker Cummins Inc. Wednesday unveiled two new auxiliary power unit systems that are compliant with new California Air Resources Board idle-reduction regulations.

Transport Topics
March 26, 2008
Business, Fuel, Government

Oil Jumps Following DOE Report

Larry Smith/Trans Pixs

Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.

Transport Topics
March 26, 2008
Fuel, Business, Logistics, Government

Diesel Gains 1.5¢ to $3.989; Gas Dips Following Records

Bruce Harmon/Trans Pixs

The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasoline’s price declined, the Department of Energy said Monday.

Transport Topics
March 25, 2008
Business, Government, Fuel, Safety

Opinion: Carbon Tax Limits Trucking’s Green Choices

The trucking industry is part of a grand environmental experiment being conducted in British Columbia — the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.

March 24, 2008
Fuel, Business, Safety, Government

ATA, Coalition Want California to Ban Temperature Controls at Gas Pumps

American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.

March 24, 2008
Business, Fuel

L.A. Port to Banish Owner-Operators Under Emissions Plan

Port of Los Angeles officials last week approved the final piece of the port’s sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.

March 24, 2008
Business, Fuel, Government

Diesel, Gasoline Hit New Highs

Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.

March 24, 2008
Business, Safety, Fuel

ATA Asks for Oil Release from Strategic Petroleum Reserve

American Trucking Associations asked President Bush in a letter this week to help “burst the bubble in the crude oil market” by releasing oil from the Strategic Petroleum Reserve.

Transport Topics
March 21, 2008
Business, Government, Fuel

Oil Dips Below $100; Has Lowest Closing Price in Two Weeks

Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.

Transport Topics
March 20, 2008

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