Fuel, Business, Logistics, Government

Diesel Average Tops $4 for First Time; Oil, Gas at Records

TT File Photo

Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.

Transport Topics
April 15, 2008
Fuel, Government

Producer Price Index Jumps 1.1%

Prices paid to U.S. producers jumped 1.1% in March, reflecting higher fuel and food costs, the Labor Department said Tuesday.

Transport Topics
April 15, 2008
Business, Fuel, Government

DOE Says 89% of Biodiesel Met Standards In 2006; Trucking Calls Rate Unacceptable

Nearly 90% of the biodiesel available for sale in the United States meets the established standards for quality, an improvement over past surveys but still an unacceptable situation for trucking, a new report by the Department of Energy said.

April 14, 2008
Fuel, Government, Business

Fleets Seek Fuel Savings

Stung by the sharp rise in diesel prices, fleet executives are pushing to find new ways to stretch their fuel dollars and recover as much of their costs as possible.

April 14, 2008
Business, Fuel, Safety, Government

China’s Olympics Clean-Up Plan Could Snarl Shipments to U.S.

Plans by the Chinese government to close factories in and around Beijing and Shanghai this summer to reduce air pollution for the 2008 Summer Olympics could cause early or late peak seasonal surges in exports to the United States, shipping industry executives and transportation experts said.

April 14, 2008
Fuel, Business, Government

Analysts Predict Lower Profits for Trucking in First Quarter

Unfavorable economic trends and fuel prices will collaborate to propel trucking companies’ first-quarter earnings below year-ago levels and will lead to a shrinkage of the fleet in the truckload sector, industry analysts said.

April 14, 2008
Business, Fuel

Oil Closes Week Above $110

Frank Polich/Bloomberg News

Crude oil futures closed the trading week at more than $110 a barrel, despite an International Energy Agency report issued Friday that showed declining world demand, Bloomberg reported.

Transport Topics
April 11, 2008
Business, Safety, Government, Fuel

Letters to the Editor: Driver Training; Crashes, Cell Phones; Fuel Prices

As I understand the new driver-training rules, they indicate that a company cannot hire drivers if that company has a school for training those drivers. This is in conflict with every training institution in the country — if not the world.

April 9, 2008
Business, Fuel, Government

DOE Again Boosts Diesel, Gasoline Price Forecast

Larry Smith/Trans Pixs

The Department of Energy again sharply boosted its projection for both diesel and gasoline prices, saying diesel will average $3.90 a gallon this month, while gas will peak at $3.60 this spring but could top $4 this summer.

Transport Topics
April 8, 2008
Fuel, Business, Government, Technology, Equipment, Safety

Cummins Begins Production at Chinese Fuel Systems Plant

Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.

Transport Topics
April 8, 2008