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Business, Fuel, Government, Safety

Air Cargo Shipments Decline in December, Rise for Year

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

February 2, 2007
Business, Fuel, Equipment

ArvinMeritor to Sell Emissions Technology Business for $310 Million

Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.

February 2, 2007
Business, Fuel, Equipment, Government, Autonomous

Truck Suppliers See Obstacles in Push for ‘World’ Vehicle

LAS VEGAS — Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty “world truck,” but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.

Frederick Kiel | Staff Reporter
February 1, 2007
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