Fuel

The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.

PALM SPRINGS, Calif. — The head of truck and engine maker Navistar International Corp. said its 2007 models are more fuel efficient and perform better than 2006 models, in addition to being cleaner burning.

Following six straight weekly increases, the average national price of retail diesel fuel dipped 0.4 cent to $2.681 a gallon, the Department of Energy reported Monday.

Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.

WASHINGTON — Legislation proposed last week could allow federal weight limits for trucks to rise to 97,000 pounds and for the first time set fuel-efficiency standards for trucks.

WASHINGTON — Legislation proposed last week could allow federal weight limits for trucks to rise to 97,000 pounds and for the first time set fuel-efficiency standards for trucks.

U.S. consumer confidence fell this month following fuel price increases and a hitch in the stock market, according to the University of Michigan’s monthly consumer sentiment index released Friday.

A funny thing happened just as some fleets were discussing reducing their fuel surcharges: Prices went flying again. Since Jan. 26, after five straight weekly increases, the average retail price of diesel is $2.626 a gallon, and climbing.

The average national price of diesel fuel gained another 5.9 cents from last week in rising to $2.685 a gallon, a sixth straight increase, the Department of Energy said Monday.

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