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Business, Fuel, Government

FedEx Completes Acquisition of Indian Express Firm

FedEx Corp. said Wednesday it completed its previously announced acquisition of Indian firm Prakash Air Freight Pvt. Ltd. Terms were not disclosed.

January 31, 2007
Business, Government, Safety, Fuel

STB Ruling Hits Rail Fuel-Surcharge Practices

The Surface Transportation Board ruled that freight railroads not calculate their fuel surcharges as a percentage of their base rates.

January 31, 2007
Business, Government, Fuel, Autonomous

Crude Oil Price Posts Biggest Gain Since September 2005

Crude oil futures posted their biggest one-day gain Tuesday since September 2005, rising on forecasts of continuing cold weather and expectations of a stronger U.S. economy, Bloomberg reported.

January 30, 2007
Business, Fuel, Government

Diesel Continues to Decline, Dipping 1.7 Cents to $2.413

The average retail price of diesel fuel fell 1.7 cents to $2.413 a gallon, the Energy Department reported Monday.

January 30, 2007
Business, Fuel, Technology, Equipment, Safety, Autonomous

E&MU: Coping With ’07 Emission Systems

The maintenance managers of two vehicle leasing companies expect few problems in their shops as the truck-operating industry shifts to the next generation of lower-emission diesel engines.

Rob Fernandez | Special to Transport Topics
January 29, 2007
Business, Fuel, Government

President Pushes Ethanol, Biodiesel in State of Union Address

President Bush outlined an energy plan Tuesday that would boost the use of alternate fuels such as ethanol and biodiesel, and would seek a 20% reduction in gasoline use in the next 10 years, news services reported.

January 24, 2007
Business, Fuel, Government

Crude Oil Price Rises, Topping $55 a Barrel

Crude oil prices surged more than $2 a barrel Tuesday after Energy Secretary Samuel Bodman said President Bush plans to double the size of the U.S. Strategic Petroleum Reserve by 2027, Bloomberg reported.

January 23, 2007
Business, Fuel, Government

Diesel Dips 3.3 Cents to $2.43; Gasoline Falls to $2.165

The average price of retail diesel fuel fell 3.3 cents to $2.43 a gallon, the Department of Energy said Monday.

January 23, 2007
Business, Fuel, Autonomous

Volvo AB Unveils Hybrid Powertrain in Prototype Mack Truck

WASHINGTON — Volvo AB and Mack Trucks Inc. last week unveiled a hybrid prototype of a heavy-duty Mack construction truck and company officials said their diesel-electric power supply will cut fuel costs 30% for stop-and-go trucks and buses while running much cleaner.

Frederick Kiel | Staff Reporter
January 22, 2007
Business, Government, Fuel, Autonomous

Calif. Aims to Cut Emissions, Improve Four Freight Corridors

Trucks operating in California would be required to meet tighter emission standards under a plan proposed by Gov. Arnold Schwarzenegger (R) to spend $3.1 billion in bond money to improve four key freight corridors.

Andrea Fischer | Staff Reporter
January 22, 2007

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