Fuel and the Rebounding Economy
There was further evidence last week of the growing link between fuel prices and Wall Street, as the Dow Jones Industrial Average rose above 10,000 for the first time in a year, and the price of crude oil exceeded $75 a barrel for the first time since September 2008.
October 19, 2009Towne Air Freight Extends Lufthansa Agreement to 2012
Towne Air Freight said it has extended into 2012 its agreement with Lufthansa Cargo in which Towne Air Freight will manage all road feeder services for Lufthansa within the United States and Canada.
October 19, 2009OEMs, Fleets Seek to Ensure DEF Quality for New Engines
LAS VEGAS — As the deadline nears for implementation of the latest change in federal emission rules, truck makers and fleets are moving to ensure that the supply of required diesel exhaust fluid is pure.
October 19, 2009Diesel Rises 1.8¢ to $2.60
U.S. retail fuel prices snapped a steady string of declines last week, as the average cost of a gallon of diesel rose 1.8 cents to $2.60 a gallon, and gasoline climbed 2.1 cents to $2.489.
October 19, 2009Oil Tops $75 a Barrel in 12-Month High
Oil held at more than $75 a barrel early Thursday, a one-year high, in advance of an Energy Department report on weekly inventories, Bloomberg reported.
October 15, 2009Diesel Rises 1.8¢ to $2.60 for First Gain in Six Weeks
Diesel fuel’s national average price rose for the first time in six weeks, gaining 1.8 cents to $2.60 a gallon, while gasoline increased for the first time in nine weeks, the Department of Energy said.
October 13, 2009Gas Falls 4.5¢ in Two Weeks to $2.47, Lundberg Says
Gasoline’s national average price continued its downward trend, falling 4.5 cents in the past two weeks to $2.47 a gallon, according to latest Lundberg Survey of fuel prices.
October 13, 2009Ports’ Clean Trucks Goals Will Be Met by 2010, Los Angeles and Long Beach Officials Say
Officials with the ports of Los Angeles and Long Beach said they expect to reach their clean trucks goal of reducing port diesel emissions 80% by the end of 2010 — a year or more ahead of schedule.
October 12, 2009Fleet Execs See Green in Going Green
LAS VEGAS — Fleet executives said that while going green does provide societal and environmental benefits, the biggest benefit to carriers is that is saves money in fuel and other costs.
October 12, 2009Ports’ Clean Trucks Goals Will Be Met by 2010, Los Angeles and Long Beach Officials Say
Officials with the ports of Los Angeles and Long Beach said they expect to reach their clean trucks goal of reducing port diesel emissions 80% by the end of 2010 — a year or more ahead of schedule.
October 12, 2009