ATA Asks for Oil Release from Strategic Petroleum Reserve
American Trucking Associations asked President Bush in a letter this week to help “burst the bubble in the crude oil market” by releasing oil from the Strategic Petroleum Reserve.
March 21, 2008Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008Werner Warns on 1Q Earnings Due to Sluggish Demand, Fuel Costs
Truckload carrier Werner Enterprises said Wednesday it expects its first-quarter earnings to fall substantially below last year’s, the Associated Press reported.
March 19, 2008Oil Prices Take Biggest Drop Since August
Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008Diesel Jumps 15.5¢ to Record $3.974 a Gallon
Diesel fuel’s national average jumped another 15.5 cents Monday, to $3.974 a gallon, for its fourth straight record high, the Department of Energy said Monday.
March 18, 2008EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency’s Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008ATA Projects Record Diesel Fuel Costs for 2008
American Trucking Associations is projecting a record high diesel fuel bill for the trucking industry this year, at $135 billion.
March 17, 2008Volvo Displays ‘Green’ Trucks to Run on Alternative Fuels
WASHINGTON — Global truck producer Volvo AB recently demonstrated trucks that can run on one of seven different alternative fuels, but company officials said they could not forecast when an over-the-road model of any of these seven trucks might be available.
March 17, 2008