Oil Hits 17-Month Low Near $60 a Barrel
With world financial markets in turmoil, the price of crude oil continued to tumble, reaching a 17-month low below $62 a barrel, Bloomberg reported Monday.
October 27, 2008Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Justice Department Backs ATA in Effort to Block Ports’ Plans
The U.S. Department of Justice last week backed American Trucking Associations’ attempt to block concession requirements included in the clean-trucks plans adopted by the Ports of Los Angeles and Long Beach, Calif.
October 27, 2008Fuel Prices Continue Slide
The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.
October 27, 2008Diesel Falls 17.7¢ to $3.482; Gas Drops 23.7¢ to Below $3
Diesel’s national average pump price fell for the 13th time in the last 14 weeks, declining 17.7 cents to $3.482 a gallon, the Department of Energy said Monday.
October 21, 2008Forward Air’s 3Q Income Improves
Forward Air Corp.’s third-quarter profit rose to $12.1 million, or 42 cents a share, from $10.8 million, or 36 cents, a year ago.
October 20, 2008CARB Begins Enforcing State’s Idling Law
California environmental regulators said they are beginning to enforce the state’s five-minute idling limit for diesel-fueled commercial vehicles, including those with sleeper cabs.
October 20, 2008ASTM International OKs Biodiesel Standards
Engineering standards group ASTM International published four new final standards for biodiesel on Oct. 13.
October 20, 2008Fleets Find Higher Costs, Uncertain Life Cycles
Six years after the first generation of Environmental Protection Agency-compliant diesel engines was introduced, fleet operators said there is little doubt the cleaner-burning engines cost more to maintain and operate.
October 20, 2008Diesel Falls 21.6¢ to $3.659
The economic chaos gripping the world’s largest economies continued to feed one positive storyline last week, as the drop in U.S. fuel prices picked up speed.
October 20, 2008Opinion: The Challenges Facing Trucking
People often ask me how it is that, as a farmer, I stumbled into trucking. I grew up involved in the day-to-day operations of my family’s Indiana farm, but in 1972, I decided it was time to devote my energies to agribusiness.
October 17, 2008