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.

Business, Fuel, Government

UTi Worldwide’s 3Q Profit Improves

Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.

December 6, 2007
Fuel, Business, Government

Oil Falls Following DOE Report

Oil prices dipped Wednesday following an Energy Department report that showed distillate inventories, which include diesel fuel and home heating oil, rose last week.

December 5, 2007
Fuel, Business, Logistics, Government

Diesel Drops 2.8¢ to $3.416

The national average price of retail diesel fuel fell 2.8 cents from last week’s all-time record to $3.416 a gallon, the Department of Energy reported Monday.

December 4, 2007
Business, Fuel

Big Biodiesel Plant Opening in Iowa Tuesday

A large biodiesel plant that will be one of the world’s 10 largest biodiesel facilities is scheduled to open Tuesday in Iowa, the Albert Lea (Minn.) Tribune newspaper reported.

December 3, 2007
Government, Business, Safety, Fuel

Automakers Say Deal Should Prevent States from Setting Emissions Standards

U.S. automakers say congressional legislation to boost U.S. fuel-economy standards 40% should halt efforts by states to restrict emissions, Bloomberg reported Monday.

December 3, 2007
Government, Business, Fuel, Logistics

SoCal Ports Set Emissions Reduction Plan

Southern California’s ports are about to begin a multibillion-dollar program that is being watched all over the world to repair, replace or clean up engines to reduce pollution, the New York Times reported Monday.

December 3, 2007
Fuel, Business

Exxon Mobil, Partners to Build Hydrogen-Powered Forklift

Exxon Mobil Corp. said it will partner with two other companies and an Israeli university to build a commercial lift-truck application powered by fuel cells from hydrogen produced in the truck.

December 3, 2007
Business, Logistics, Fuel, Government

Diesel Climbs 3.4¢ to $3.444

The national average price of diesel pushed past a record level for the third time in four weeks, rising 3.4 cents a gallon to $3.444, the Department of Energy reported.

December 3, 2007
Fuel, Government

Loggers Planning Diesel Protest in Washington

Independent logging truckers from Maine may drive their rigs to Washington to protest high diesel fuel prices, the Bangor (Maine) Daily News reported Thursday.

November 29, 2007
Business, Fuel, Safety, Technology, Government

Forward Air Buying Black Hawk Freight Services

Forward Air Corp. said it has entered into an agreement to acquire certain assets of Black Hawk Freight Services, a privately held provider of transportation services headquartered in Milan, Ill.

November 27, 2007