Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Fuel
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Fuel, Business, Government 
Bruce Harmon/Trans Pixs
Diesel Rises 3.7¢ to $2.877
Bruce Harmon/Trans PixsThe average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.
April 17, 2007 Government, Business, Fuel
Maersk to Boost Fuel Surcharge
A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.
April 16, 2007 Business, Fuel, Autonomous
Bankruptcies Increase as Freight Declines
Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.
April 16, 2007 Business, Fuel, Government
Diesel Gains 5¢ to $2.84 a Gallon
The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.
April 16, 2007 Business, Fuel 
Tom Biery/Trans Pixs
U.S. Xpress to Report 1Q Loss
Tom Biery/Trans PixsTruckload carrier U.S. Xpress Enterprises said Friday it will report a first-quarter loss next week on declining freight demand and rising fuel costs.
April 13, 2007 Business, Fuel, Government 
Bloomberg News
March Producer Prices Rise 1%
Bloomberg NewsThe producer price index rose 1% in March, the Labor Department reported Friday. The core PPI excluding food and energy was unchanged.
April 13, 2007 Business, Fuel, Government 
TT File Photo
UPS Signs China Air Pact
TT File PhotoUPS Inc. and the Shanghai, China, Airport Authority signed an agreement Thursday that is a step toward construction of an air hub at the Shanghai airport.
April 12, 2007 Business, Fuel, Government
Oil Rises Following DOE Report
Crude oil prices climbed to more than $62 a barrel Wednesday following the Energy Department’s weekly inventory report that showed gasoline inventories plunged for a ninth straight week, Bloomberg reported.
April 11, 2007 Fuel, Business, Government 
Eddie Seal/Bloomberg News
Fuel Averages to Hit Records
Eddie Seal/Bloomberg NewsRetail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.
April 11, 2007