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Business, Fuel

Oil Falls Below $110, as Gustav Spares Major Gulf Rig Damage

Edouard Gluck/Blooomberg News

Crude oil fell more than $5 to below $110 a barrel Tuesday, a day after Hurricane Gustav made landfall, sparing the region similar damage done by two big hurricanes three years ago, Bloomberg reported.

September 2, 2008
Business, Fuel, Government

Fuel Average Drops Again

The U.S. average price of retail diesel continued its descent last week, falling another 6.2 cents a gallon to $4.145, the Department of Energy reported.

September 1, 2008
Business, Fuel, Safety, Government

DOT Won’t Block DHL-UPS Air Deal

Transportation Secretary Mary Peters told Ohio Gov. Ted Strickland (D) she does not believe the plan by DHL Express to use UPS Inc. for its U.S. air cargo operations constitutes unfair competition.

August 29, 2008
Business, Fuel, Government, Autonomous

China’s Largest Truck Company’s Profit Rises 40%

China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.

August 28, 2008
Fuel, Business, Logistics, Government

Diesel Falls 6.2¢ to $4.145 a Gallon

Bruce Harmon/Trans Pixs

The average national price of retail diesel fuel continued its downward trend, falling 6.2 cents to $4.145 a gallon, the Department of Energy said Monday.

August 26, 2008
Fuel, Government, Business

Consumer Confidence Rises in August

Consumer confidence rose in August, as fuel prices fell as gasoline prices fell, the New York-based Conference Board said Tuesday.

August 26, 2008
Business, Government, Safety, Fuel

Diesel Falls to 3-Month Low

The U.S. retail diesel average fell another 14.6 cents to $4.207 a gallon last week, extending the most pronounced drop in two years to a fifth consecutive week, the Department of Energy reported.

August 25, 2008
Business, Logistics, Fuel, Autonomous

Two Carriers to Join Port of L.A.’s Clean Trucks Program

Two national truckload carriers have signed letters of intent to participate in the port of Los Angeles’ Clean Trucks Plan, the Los Angeles Times reported Friday.

August 22, 2008
Business, Fuel, Safety, Government

ATA Supports Bipartisan Energy Plan

American Trucking Associations said it supports a bipartisan comprehensive energy bill that calls for domestic oil drilling, tax incentives and alternative energy research to lower the price of fuel.

August 22, 2008
Business, Fuel, Government, Safety

Ohio Panel Holds Hearing on DHL-UPS Air Deal


About 200 people packed a legislative meeting in Ohio Tuesday to hear testimony on the potential impact of DHL’s plans to switch its domestic air cargo to UPS Inc., the Associated Press reported.

August 20, 2008