About Fuel News...
Fuel, Business, Logistics, Government

Diesel Drops 2.6¢ to $2.851

Larry Smith/Trans Pixs

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007
Business, Government, Safety, Fuel, Autonomous

Truckers Concerned on New Engines’ Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

April 24, 2007
Government, Business, Safety, Fuel

Forward Air’s Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007
Business, Fuel

Heavy-Duty Engine Manufacturers Allow Biodiesel Use Without Voiding Warranties

By Frederick Kiel, Staff Reporter

This story appears in the April 23 print edition of Transport Topics. Click here to subscribe today.

April 23, 2007
Fuel, Government

U.S. Fuel Prices Continue to Rise

Fuel prices continued to rise last week as heavy demand for diesel and gasoline combined with high oil prices and a string of refinery shutdowns.

April 23, 2007
Business, Fuel, Safety, Government

Swift’s First-Quarter Earnings Tumble

Tom Biery/Trans Pixs

Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.

April 19, 2007
Fuel, Business, Government

Diesel Rises 3.7¢ to $2.877

Bruce Harmon/Trans Pixs

The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.

April 17, 2007
Government, Business, Fuel

Maersk to Boost Fuel Surcharge

A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.

April 16, 2007
Business, Fuel, Autonomous

Bankruptcies Increase as Freight Declines

Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.

April 16, 2007
Business, Fuel, Government

Diesel Gains 5¢ to $2.84 a Gallon

The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.

April 16, 2007