Fuel

About Fuel News...
Fuel, Business, Government

DOE Boosts Fuel-Price Forecast

Larry Smith/Trans Pixs

The Department of Energy sharply boosted its projection for diesel prices, saying it will average $3.45 a gallon this year — 57 cents above last year’s average — and $3.70 in March and April.

Dan Ronan | Senior Reporter
March 11, 2008
Government, Business, Safety, Fuel, Logistics

Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225

TT File Photo

The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.

Dan Ronan | Senior Reporter
March 11, 2008
Business, Fuel, Safety, Government

Forward Air to Buy Houston Firm

Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

Dan Ronan | Senior Reporter
March 11, 2008
Government, Business, Safety, Fuel

Con-way Reducing Its Fleet Speed to 62 MPH

Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.

Dan Ronan | Senior Reporter
March 10, 2008
Fuel, Business

Survey Says 70% of Carriers Are Satisfied With ’07 Engines

A survey of 87 trucking companies operating 2007-model engines showed 70% were satisfied with them, but fuel economy, soot filters and onboard computers were the top complaints of those that were not satisfied.

March 10, 2008
Business, Safety, Fuel

ATA Seeks to Block Calif. Port Talks Over Clean Trucks Proposals

American Trucking Associations’ Intermodal Motor Carriers Conference has asked the Federal Maritime Commission to block the ports of Long Beach and Los Angeles and terminal operators from discussing and entering into agreements related to the ports’ clean trucks program.

Dan Ronan | Senior Reporter
March 10, 2008
Business, Government, Fuel

CARB Set to Distribute $25 Million in Truck Retrofit, Replacement Grants

California environmental regulators said they will soon decide how to distribute early grants totaling $25 million for truck retrofits and replacements to help reduce diesel emissions at the state’s ports and intermodal facilities.

March 10, 2008
Government, Business, Safety, Fuel

TCA Chiefs Report Little Sign of Freight Tonnage Recovery

NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.

March 10, 2008
Business, Fuel

Oil Tops $106 a Barrel

Edouard Gluck/Blooomberg News

Crude oil set another record Friday, topping $106 a barrel in intraday trading for the first time before receding to close near $105, Bloomberg reported.

Dan Ronan | Senior Reporter
March 7, 2008
Business, Safety, Government, Fuel

Fed ‘Beige Book’ Cites Freight Slowdown

Tom Biery/Trans Pixs

The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.

Dan Ronan | Senior Reporter
March 5, 2008

Pages