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Government, Business, Safety, Fuel

Port Adopts Clean-Truck Plan, Rejects Owner-Operator Ban

Long Beach officials last week put finishing touches on a sweeping, unprecedented set of rules aimed at dramatically cutting emissions from the 17,000 drayage trucks working at the huge California container port, rejecting the plan’s most controversial feature that would have forced independent owner-operators to work for larger carriers.

February 25, 2008
Business, Fuel, Logistics, Government

Fuel Jumps 11.6¢ to $3.396

U.S. retail diesel prices soared 11.6 cents last week to a national average of $3.396 a gallon, the highest level since early December, the Department of Energy reported.

February 25, 2008
Business, Safety, Government, Fuel

Knight Puts 1,000th 2007 Tractor Into Service

Truckload carrier Knight Transportation said it has taken delivery of its 1,000 tractor certified to the Environmental Protection Agency’s 2007 emission standards.

February 21, 2008
Business, Government, Fuel

Long Beach Port Officials Approve Emissions Plan

Larry Smith/Trans Pixs

Officials with California’s Port of Long Beach have approved a plan aimed at reducing truck emissions at the port, in spite of objections from drivers, public health advocates, and environmentalists, the Los Angeles Times reported Wednesday.

February 21, 2008
Fuel, Business, Logistics, Government

Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time

Dave Warner/Trans Pixs

The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.

February 20, 2008

Wal-Mart’s Earnings Rise

Bruce Andrew Peters for TT

Wal-Mart Stores said Tuesday its fourth-quarter profit rose 4% to $4.1 billion, or $1.02 per share, up from $3.9 billion, or 95 cents, a year earlier, though the company cited concern about rising fuel costs.

February 19, 2008
Business, Government, Fuel

Oil Climbs to Five-Week High

Larry Smith/Trans Pixs

Crude oil prices rose more than $2 a barrel to $97.87 in electronic overnight trading on the New York Mercantile Exchange, the highest in five weeks, Bloomberg reported Tuesday.

February 19, 2008
Business, Fuel

Long Beach Port Officials to Vote Tuesday on Emissions Plan

A plan by the Port of Long Beach, Calif., on how to address truck emissions and hire drivers is causing divisions with the adjacent Port of Los Angeles, the Los Angeles Times reported Tuesday.

February 19, 2008
Fuel, Business

International Unveils ‘LoneStar’ Aimed at Owner-Operators

CHICAGO — International Truck and Engine Corp. jumped into the high-end owner-operator market with a stunningly designed vehicle the company promises will be as aerodynamic and fuel-efficient as it is eye-catching.

February 18, 2008
Business, Fuel, Government

DOE Lowers Diesel-Price Outlook

Larry Smith/Trans Pixs

The Department of Energy lowered its outlook diesel prices, saying that prices would peak in April and May at just over $3.30 per gallon before tailing off to near to $3 later in the year.

February 12, 2008