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

Oil Bounces Back Over $80 Following Inventory Report

Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.

November 4, 2009

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Fuel, Business, Logistics, Government

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009
Business, Fuel, Safety, Government

Cap-and-Trade Would Be Costly for Trucking, ATA Official Windsor Warns at Hearing

WASHINGTON — A cap-and-trade climate bill would dramatically increase the cost of diesel fuel by as much as 88 cents a gallon, an American Trucking Associations official told a Senate committee last week.

November 2, 2009
Business, Logistics, Fuel, Government

Diesel Jumps 9.6¢ to $2.801

U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.

November 2, 2009
Business, Fuel

Oil Falls Below $79 a Barrel Following Inventory Report

Oil fell more than $1 to below $79 a barrel early Wednesday following a report that showed crude inventories improved last week, Bloomberg reported.

October 28, 2009
Business, Fuel

Diesel Jumps 9.6¢ to $2.801; Gas Gains a Dime to $2.674

Diesel and gasoline both rose for a third straight week, with diesel jumping 9.6 cents to $2.801 a gallon, its highest level in almost a year, the Energy Department said.

October 27, 2009
Fuel, Business, Logistics, Government

Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon

Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.

October 26, 2009
Business, Fuel, Safety, Government

Cap-and-Trade Will Raise Price of Diesel, ATA’s Windsor Says

WASHINGTON — The first vice chairwoman of American Trucking Associations joined a pair of Republican senators to decry the climate legislation being debated in Congress, saying it will amount to a huge tax increase on fuel.

October 26, 2009
Business, Government, Safety, Fuel

ATA, Long Beach Settle Port Suit

The Port of Long Beach and American Trucking Associations last week reached an out-of-court settlement of ATA’s federal lawsuit challenging portions of the port’s Clean Trucks Plan. The agreement will simplify the registration process for carriers moving containers at the port.

October 26, 2009
Business, Fuel, Government

Forward Air’s 3Q Income Declines

Forward Air Corp. said late Wednesday its third-quarter profit fell to $3.8 million, or 13 cents per share, from $12.1 million, or 42 cents, a year ago.

October 21, 2009