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Fuel, Business, Government

Diesel Jumps 16.6¢ to $4.497

Bruce Andrew Peters for TT

The average price of diesel fuel jumped another 16.6 cents to a record $4.497 a gallon, the Energy Department said Monday.

May 20, 2008
Government, Business, Fuel

Crude Tops $129; Bush Signs SPR Bill Into Law

Oil prices rose to a new record high Tuesday, moving past $129 a barrel for the first time in intraday trading, the Associated Press reported.

May 20, 2008
Business, Safety, Government

No Correlation Between Safety, Length of Training, ATRI Says

A study conducted by the American Transportation Research Institute found there is no correlation between the length of a training program and safety performance.

May 20, 2008

Producer Price Index, Core Rate Gain

Prices paid to U.S. producers rose 0.2% in April, the Labor Department said Tuesday.

May 20, 2008
Government, Business, Safety, Technology, Equipment

IdleAire Files Chapter 11; Stations to Remain Open

IdleAire Technologies Corp.

IdleAire Technologies Corp., a designer of anti-idling systems for long-haul trucks at truck stops, has filed for Chapter 11 bankruptcy, but its facilities will remain open to truckers, the company said Friday.

May 19, 2008
Government, Business, Safety, Fuel

EPA Reversed Position on California Emissions Request, Papers Show

Environmental Protection Agency Administrator Stephen Johnson backed letting California set auto emissions rules stricter than federal standards before consulting with the White House, according to a congressional panel, Bloomberg reported Monday.

May 19, 2008
Fuel, Business, Logistics, Government

Editorial: A Fueling Alternative

Retail fuel prices skyrocketed again last week, with diesel jumping 18.2 cents a gallon to a national average of $4.331, the biggest one-week increase since October 2005 and more than 15 cents more than the last record.

May 19, 2008
Fuel, Business, Safety, Government

Jevic Transportation Folds, Citing High Fuel Costs

TT File Photo

Truckload and less-than-truckload carrier Jevic Transportation said Monday it is discontinuing operations, due to soaring fuel costs and a weak economy.

May 19, 2008
Government, Business

Leading Economic Indicators Improve for Second Straight Month

An index of leading economic indicators improved last month, the second straight increase, the New York-based Conference Board said Monday.

May 19, 2008
Fuel, Government

China’s Diesel Stockpiling Boosting Prices, Journal Says

The worldwide spike in diesel prices is being driven in part by China’s stockpiling of the fuel in advance of this summer Olympics, which it is hosting, and the United States is exporting more diesel to the world market, the Wall Street Journal reported Monday.

May 19, 2008