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Business, Government, Safety, Fuel

Frozen Food Express to Slow Fleet’s Speed to 62 MPH

Refrigerated truckload carrier Frozen Food Express Industries said Thursday it will lower the maximum speed of its trucks to 62 miles per hour, from 65 mph, in an effort to save money on fuel.

Dan Ronan | Senior Reporter
May 29, 2008
Business, Government, Fuel

Oil Closes Above $131 a Barrel

Larry Smith/Trans Pixs

Crude oil futures jumped more than $2 a barrel Wednesday to close at $131.03 a barrel, not far off the record closing price, Bloomberg reported.

Dan Ronan | Senior Reporter
May 28, 2008
Business, Fuel, Safety, Government

UPS to Handle DHL’s North America Air Service

UPS Inc. said Wednesday it will provide air transportation in North America for competitor DHL Express, as DHL works to cut costs.

Dan Ronan | Senior Reporter
May 28, 2008
Government, Business, Safety, Fuel, Technology

Letters to the Editor: Ban on Independents, Exporting U.S. Diesel, Ticketing Truckers, Fuel and Emissions

In response to the Los Angeles Port Authority’s looming ban on owner-operators, it never ceases to amaze me that our governmental bodies believe they have autonomous authority over all things.

May 28, 2008
Fuel, Business, Safety, Equipment, Government

Ford, American Axle Plan Job Cuts

Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.

Dan Ronan | Senior Reporter
May 28, 2008
Fuel, Business

Diesel Soars 22.6¢ to Record $4.723 a Gallon

Tom Biery/Trans Pixs

Diesel fuel topped its recent big jumps in soaring 22.6 cents to an average $4.723 a gallon nationwide, for a third straight record high, the Department of Energy said Tuesday.

Dan Ronan | Senior Reporter
May 28, 2008
Fuel, Business, Government

More Truckers Selling Their Rigs, Times Says

Thousands of U.S. truckers unable to make money because of rising fuel prices are selling their trucks, in what may be the biggest cut in the U.S. trucking fleet since trucking deregulation in 1980, the New York Times reported Tuesday.

Dan Ronan | Senior Reporter
May 27, 2008
Business, Fuel, Government, Equipment

As Tire Retreading Market Grows, So Do Counterfeits, Look-Alikes

As fuel prices have skyrocketed, trucking companies have been forced to look closer at other parts of their businesses to trim costs.

May 26, 2008
Fuel, Business, Government

Crude Price Pushes Fuel Higher

The average retail diesel price continued its meteoric rise last week, surging another 16.6 cents to a record $4.497 a gallon, according to the Department of Energy.

May 26, 2008
Business, Fuel

Oil Pulls Back After Topping $135 a Barrel

David Warner/Trans Pixs

Crude oil fell from a record high of more than $135 a barrel Thursday, as a Congressional panel grilled oil executives for a second day in Washington, Bloomberg reported.

Dan Ronan | Senior Reporter
May 22, 2008

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