Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel, Government

Congress May Boost Fuel Tax as Highway Fund Deficit Looms

Larry Smith/Trans Pixs

Following Congress’ rejection of calls by presidential contenders to rescind the federal tax on gasoline and diesel fuel this summer, some lawmakers are quietly considering boosting the tax by a dime to ensure the federal highway fund is adequately financed, the Associated Press reported.

Transport Topics
July 21, 2008
Business, Fuel, Government

For-Hire Carriers Endured a Painful Year, But Certain Niches Thrived, TT 100 Shows

It has been a year of retrenchment for most, but not all, of the largest for-hire carriers in the United States and Canada, as fleets scramble to cope with record fuel prices and weak freight demand.

July 21, 2008
Business, Fuel, Government

Smaller Fleets Seeking Buyers as Strategy to Avoid Bankruptcy

Behind this year’s surge in trucking company failures, brought on largely by the double-whammy of slow freight and skyrocketing fuel prices, is another ominous trend: a sharp increase in the number of motor carriers asking larger competitors to buy them out.

July 21, 2008
Government, Business, Safety, Fuel

Diesel Rises 3.7¢ to Record $4.764; Crude Drops

The U.S. retail diesel average rose 3.7 cents last week to another record, $4.764 a gallon, the Department of Energy reported, while the price of crude oil posted its largest single-day drop in 17 years on July 15.

July 21, 2008
Business, Government, Safety, Fuel

Letters to the Editor: Speed Limiters, Freeway Trucks, Trucker Finances, Fuel Costs

I believe it would be appropriate to have a new regulation limiting the speed of vehicles on the highway. The speed at which some truckers are driving today is stupid, and some people should go to jail for that.

July 15, 2008
Fuel, Business, Logistics, Government

Diesel Hits New Record, Rising 3.7¢ to $4.764

Tom Biery/Trans Pixs

The national average pump price of diesel fuel rose 3.7 cents to a record $4.764 a gallon, the Department of Energy said.

Transport Topics
July 15, 2008
Fuel, Government

Producer Price Index Jumps 1.8%

Prices paid to U.S. producers jumped 1.8% in June, led by surging fuel costs, the Labor Department said Tuesday.

Transport Topics
July 15, 2008
Business, Safety, Fuel, Government

Opinion: Truck Crashes Happen — Be Ready

Despite fuel prices zooming toward the outer edge of our galaxy, ours is a nation of crowded highways and busy people who don’t like trucks getting in their way.

July 14, 2008
Business, Fuel, Government

Used Trailer Prices Plummet as Fleets Delay Replacements

Thousands of used trailers are sitting unsold and gathering dust, as freight demand remains tepid and carriers that would typically up-grade their fleets are postponing purchases, spending their money on fuel instead, according to industry experts.

July 14, 2008
Fuel, Business, Government

Diesel Increases to $4.727 a Gallon

The average retail price of diesel jumped 8.2 cents to $4.727 a gallon last week, more than wiping out the entire 7.8-cent drop in the price of trucking’s main fuel over the previous five weeks, the Department of Energy reported July 7.

July 14, 2008

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