Producer Price Index Jumps 1.1%
Prices paid to U.S. producers jumped 1.1% in March, reflecting higher fuel and food costs, the Labor Department said Tuesday.
April 15, 2008DOE Says 89% of Biodiesel Met Standards In 2006; Trucking Calls Rate Unacceptable
Nearly 90% of the biodiesel available for sale in the United States meets the established standards for quality, an improvement over past surveys but still an unacceptable situation for trucking, a new report by the Department of Energy said.
April 14, 2008Fleets Seek Fuel Savings
Stung by the sharp rise in diesel prices, fleet executives are pushing to find new ways to stretch their fuel dollars and recover as much of their costs as possible.
April 14, 2008China’s Olympics Clean-Up Plan Could Snarl Shipments to U.S.
Plans by the Chinese government to close factories in and around Beijing and Shanghai this summer to reduce air pollution for the 2008 Summer Olympics could cause early or late peak seasonal surges in exports to the United States, shipping industry executives and transportation experts said.
April 14, 2008Analysts Predict Lower Profits for Trucking in First Quarter
Unfavorable economic trends and fuel prices will collaborate to propel trucking companies’ first-quarter earnings below year-ago levels and will lead to a shrinkage of the fleet in the truckload sector, industry analysts said.
April 14, 2008Oil Closes Week Above $110
Crude oil futures closed the trading week at more than $110 a barrel, despite an International Energy Agency report issued Friday that showed declining world demand, Bloomberg reported.
April 11, 2008Letters to the Editor: Driver Training; Crashes, Cell Phones; Fuel Prices
As I understand the new driver-training rules, they indicate that a company cannot hire drivers if that company has a school for training those drivers. This is in conflict with every training institution in the country — if not the world.
April 9, 2008DOE Again Boosts Diesel, Gasoline Price Forecast
The Department of Energy again sharply boosted its projection for both diesel and gasoline prices, saying diesel will average $3.90 a gallon this month, while gas will peak at $3.60 this spring but could top $4 this summer.
April 8, 2008Cummins Begins Production at Chinese Fuel Systems Plant
Diesel engine maker Cummins Inc. said Tuesday it opened its first fuel systems manufacturing site outside of North America, the Cummins Fuel Systems Wuhan plant, in China.
April 8, 2008Clean Diesel Technologies Sets Agreement with Chinese Firm
Clean Diesel Technologies said Tuesday it has licensed its wire mesh filter technology to Headway Machinery Co. Ltd., the largest commercial diesel engine exhaust company in China.
April 8, 2008