Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Fuel, Business

Diesel to Average Near $3 This Year, DOE Says

Diesel fuel will climb to average $2.95 a gallon this year before rising to $3.16 next year, the Department of Energy said.

February 11, 2010

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Government, Business, Fuel

DOE Fuel Prices on Hold with Government Shutdown

The federal government in the Washington area remained closed for a fourth day Thursday following Wednesday’s blizzard and as a result the Department of Energy is not likely to release its weekly fuel prices until at least Friday.

February 11, 2010
Government, Business, Fuel

California Releases $20 Million in Hybrid Funding

The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

February 9, 2010
Business, Government, Safety, Fuel

Forward Air’s 4Q Income Falls

Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.

February 9, 2010
Business, Fuel, Government

UPS Posts $757 Mln. Profit as Air Shipments Increase

UPS Inc. said it benefited from a sharp increase in December air shipments out of Asia and a busy holiday season to post profits for the fourth quarter and the full year.

February 8, 2010
Business, Government, Safety, Fuel

Diesel Drops 5.2¢ to $2.781 in 3rd Straight Weekly Decline

The U.S. retail diesel average dropped 5.2 cents to $2.781 a gallon last week, the third straight weekly drop, the Department of Energy reported.

February 8, 2010
Government, Business, Fuel

EPA Budget Drops $20 Million in Diesel Grants

The Obama Administration is asking Congress to approve a nearly $10 billion Environmental Protection Agency budget that would shift $20 million in California truck diesel emissions retrofit grant funding to a nationwide diesel emissions reduction program that also includes funding for rail and marine diesel emissions reduction projects.

February 2, 2010
Business, Logistics, Fuel, Government

Diesel Drops 5.2¢ to $2.781 in Third Straight Decline

Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010
Business, Safety, Government, Fuel

Knight Orders 370 New 2010 Trucks from Volvo

Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.

February 1, 2010
Business, Government, Fuel

Diesel Declines 3.7¢ to $2.833

The U.S. retail diesel average price fell 3.7 cents a gallon to $2.833 last week, the largest one-week decline since July, the Department of Energy reported.

February 1, 2010