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Business, Fuel, Government

EPA Proposes Strict Ship Emissions Standards

The Environmental Protection Agency has asked that an emissions control area be created along the United States’ coastline to reduce what officials say are harmful emissions from ships.

March 30, 2009
Business, Fuel

Oil Falls to Near $50 in Early Trading

Larry Smith/Trans Pixs

Crude oil fell almost $2 to near $50 a barrel in early trading Monday following a similar drop on Friday, as the outlook for world demand remained low, Bloomberg reported.

March 30, 2009
Business, Fuel, Government

EPA Set to Classify Greenhouse Gas a Danger

The Environmental Protection Agency is poised to declare that greenhouse gas emissions endanger the public’s health and welfare — a move that could accelerate government rulemaking related to air quality.

March 30, 2009
Fuel, Business, Safety, Government

Senate Panel Criticizes DOT Secretary for Refusal to Consider Higher Fuel Tax

WASHINGTON — Members of the Senate Environment and Public Works Committee criticized Transportation Secretary Ray LaHood and the Obama administration for refusing to consider an increase in the federal fuel tax.

March 30, 2009
Government, Business, Safety, Logistics, Fuel

Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months

Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.

March 30, 2009
Business, Fuel, Government

UTi Worldwide Reports Fourth-Quarter Loss

Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.

March 26, 2009
Business, Fuel, Government

FedEx May Scrub $7.7 Bln. Order for New Jets

FedEx Corp.

FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.

March 25, 2009
Fuel, Business, Logistics

Diesel Jumps 7.3¢ to $2.09 a Gallon

Tom Biery/Trans Pixs

Diesel fuel rose 7.3 cents to a national average $2.09 per gallon, sharply reversing its downward trend since last summer, the Department of Energy said Monday.

March 24, 2009
Business, Government, Safety, Fuel

EPA Eyes Regulating Greenhouse Gas Emissions

The Environmental Protection Agency may seek to limit greenhouse gas emissions, the Washington Post reported Tuesday.

March 24, 2009
Business, Safety, Technology, Fuel, Equipment

Three DEF Manufacturers Gain API Certification

Several companies that blend diesel exhaust fluid, the urea solution used in truck engines with selective catalytic reduction systems, have had their blends certified by the American Petroleum Institute.

March 23, 2009