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Government, Business, Safety, Fuel

Alternative Fuels Use to Rise After 2010 Change, Graves Says

If you think the Environmental Protection Agency’s 2010 engine requirements will be the ultimate technological test for fleets, American Trucking Associations President Bill Graves has a message for you: There’s more to come.

September 22, 2008
Government, Business, Safety, Fuel

FedEx’s 1Q Profit Slips 22%; Express Unit to Boost Rate 4.9%

FedEx Corp.

FedEx Corp. said Thursday its fiscal first-quarter profit slipped 22% from a year ago on higher fuel costs and declining demand for express shipments, and said its express unit will boost rates by a net 4.9% next year.

September 18, 2008
Government, Business, Fuel

Crude Settles Below $100 a Barrel

Oil prices remained under $100 a barrel Thursday after earlier rising over $102, Bloomberg reported.

September 18, 2008
Business, Fuel, Safety, Government

U.S. Lawmakers Raise Concerns on UPS-DHL Air Deal


Ohio officials told federal lawmakers they have been rebuffed in their efforts to persuade DHL to consider alternatives to its proposed agreement to have UPS Inc. carry its North American air packages, the Associated Press reported.

September 17, 2008
Government, Business, Fuel

House Passes Energy Bill Allowing More Offshore Drilling

The House late Tuesday approved a bill that legislation that would open more offshore areas for oil and oil and natural gas drilling, pending states’ approval, the Associated Press reported.

September 17, 2008
Fuel, Business, Logistics, Government

Diesel Drops 3.6¢ to $4.023; Gasoline Jumps 18.7¢ to $3.835

Tom Biery/Trans Pixs

Despite a major hurricane on Texas’ Gulf Coast this weekend, diesel fuel’s national average price fell for the ninth straight week, dropping 3.6 cents to $4.023 a gallon, but gasoline’s average jumped 18.7 cents, the Department of Energy said Monday.

September 16, 2008
Business, Fuel, Government

Oil Continues to Fall; DOE Approves Some SPR Releases

Oil prices continued to fall Tuesday, dropping below $92 a barrel in early trading, while Department of Energy approved oil releases from the Strategic Petroleum Reserve to help refineries left with supply shortages due to Hurricane Ike, Bloomberg reported.

September 16, 2008
Fuel, Business, Government

EU Sets 10% Biofuels Requirement

The European Parliament’s energy committee voted to require that at least 10% of road transport fuel in 2020 come from renewable sources led by biofuels, while adding checks to prevent food shortages, Bloomberg reported.

September 15, 2008
Business, Government, Safety, Fuel

Oil Falls Below $95 as Refineries Escape Major Damage from Hurricane Ike

Bill Lang/Trans Pixs

Crude oil fell $7 to below $95 a barrel in early trading Monday, a seven-month low, as Gulf of Mexico refineries escaped major damage from Hurricane Ike over the weekend, Bloomberg reported Monday.

September 15, 2008
Business, Government, Safety, Fuel, Autonomous

Court Denies Calif. Port Stay; ATA Files Expedited Appeal

A federal judge last week denied American Trucking Associations’ request for a preliminary injunction against controversial portions of emission-reduction programs at the California ports of Los Angeles and Long Beach.

September 15, 2008