Court Ruling Green-Lights SoCal Ports’ Clean Trucks Plan
A federal appeals court Wednesday denied a motion to block a clean trucks program at the Southern California ports of Long Beach and Los Angeles, allowing the sister ports to begin implementation of the program Oct. 1, the Contra Costa (Calif.) Times newspaper reported.
September 25, 2008Oil Rises to $108 Following DOE Report
Oil rose past $108 a barrel Wednesday following an Energy Department report that showed declines in fuel inventories last week, Bloomberg reported.
September 24, 2008Senate Passes Energy Measure; Trucking Seeks ‘Comprehensive Solution’
The Senate approved a bill that would provide tax credits for renewable energy and energy efficiency, the Associated Press reported, and a top trucking official urged Congress to pass comprehensive measures to help lower fuel costs.
September 24, 2008Diesel Falls 6.5¢ to $3.958 in 10th Straight Decline
Diesel fuel’s national average price fell 6.5 cents Monday to $3.958 a gallon, the 10th straight weekly decline and the first time it fell below the $4 mark in almost six months, the Department of Energy said Monday.
September 23, 2008Union Pacific Boosts 3Q Earnings Forecast
Freight railroad Union Pacific Corp. Tuesday boosted its third-quarter earnings forecast due to lower fuel prices and improved operating efficiency.
September 23, 2008Port of Oakland Issuing Funds for Truck Emissions Systems
More than 1,500 truckers at the Port of Oakland, Calif., have applied for 1,000 subsidies to retrofit their trucks to reduce emissions, the San Francisco Business Times reported Monday.
September 22, 2008Alternative Fuels Use to Rise After 2010 Change, Graves Says
If you think the Environmental Protection Agency’s 2010 engine requirements will be the ultimate technological test for fleets, American Trucking Associations President Bill Graves has a message for you: There’s more to come.
September 22, 2008FedEx’s 1Q Profit Slips 22%; Express Unit to Boost Rate 4.9%
FedEx Corp. said Thursday its fiscal first-quarter profit slipped 22% from a year ago on higher fuel costs and declining demand for express shipments, and said its express unit will boost rates by a net 4.9% next year.
September 18, 2008Crude Settles Below $100 a Barrel
Oil prices remained under $100 a barrel Thursday after earlier rising over $102, Bloomberg reported.
September 18, 2008U.S. Lawmakers Raise Concerns on UPS-DHL Air Deal
Ohio officials told federal lawmakers they have been rebuffed in their efforts to persuade DHL to consider alternatives to its proposed agreement to have UPS Inc. carry its North American air packages, the Associated Press reported.
September 17, 2008