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Business, Fuel

Volvo Urges Global Standard for Alternative Truck Fuels

BRUSSELS, Belgium — Truck manufacturer Volvo AB urged the world’s political leaders and energy producers to agree on global fuel standards that would allow truck makers to produce a new generation of cleaner-burning vehicles.

October 1, 2007
Government, Business, Safety, Fuel, Technology, Equipment

Cummins Taps EGR for 2010 Engines

NASHVILLE, Tenn. — Cummins Inc. said it will not use selective catalytic reduction for its 2010 heavy-duty engines, making it the first manufacturer to reject the urea-based system widely used in Europe to cut emissions.

October 1, 2007
Fuel, Business, Government

Diesel Jumps 6.8¢ to $3.032

Susan Goldman/Bloomberg News

Diesel fuel jumped past the $3 mark Monday, gaining 6.8 cents to $3.032 a gallon, the Energy Department said following its weekly retail price survey.

Transport Topics
September 25, 2007
Business, Fuel

Oil Dips Below $80 a Barrel

Crude oil futures fell for a third day as production in the Gulf of Mexico increased following a storm threat, Bloomberg reported Tuesday.

Transport Topics
September 25, 2007
Business, Fuel, Equipment

Cummins to Use EGR in 2010 Heavy-Duty Engines

Bloomberg News

Engine maker Cummins Inc. said its heavy-duty 2010 on-highway engines will use exhaust gas recirculation technology, and will not use selective catalytic reduction or nitrogen oxide aftertreatment.

September 24, 2007
Business, Fuel

European Heavy-Duty Truck Sales Booming

Sharply contrasting with the U.S. drop, sales of heavy-duty trucks are booming in Europe as many fleets buy new models early to reap government incentives to adopt new emission technology before it becomes mandated.

September 24, 2007
Business, Technology, Fuel

Crude Tops $83 in Latest Record

Crude oil hit a new closing record Thursday, its sixth in seven trading days, as a tropical depression formed in the Gulf of Mexico that was on track to make landfall near New Orleans, Bloomberg reported.

Transport Topics
September 21, 2007
Business, Fuel

FedEx Reports Higher Earnings; Cuts Forecast

FedEx Corp.

FedEx Corp. Thursday reported a higher first-quarter profit from a year ago, but cut its full-year forecast by 4% due to overall economic volatility and high energy costs.

Transport Topics
September 20, 2007
Business, Fuel

Oil Rises Past $82 a Barrel

Edouard Gluck/Blooomberg News

Crude oil futures continue to soar Wednesday, reaching a record $82.51 a barrel in early trading following a Department of Energy report that showed larger-than-expected inventory declines, Bloomberg reported.

Transport Topics
September 19, 2007
Fuel, Business, Logistics, Government

Diesel Jumps 4¢ to $2.964; Gas Falls 3.1¢ to $2.787

Larry Smith/Trans Pixs

Diesel fuel’s national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.

Transport Topics
September 18, 2007

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