Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel, Government

Diesel Prices to Peak This Month, DOE Says

Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.

September 11, 2007
Business, Government, Fuel

Oil Closes at Record $78.23 a Barrel

Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.

September 11, 2007
Fuel, Business, Logistics, Government

Diesel Gains 3.1¢ to $2.924

The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.

September 11, 2007
Government, Business, Safety, Fuel

California Targets Oldest Trucks in New Emissions Proposal

A proposed California Air Resources Board regulation would force the owners of an estimated 80,000 trucks built before 1994 to remove them from the state’s roads by 2009, a trucking official said.

September 10, 2007
Government, Business, Safety, Fuel

Calif. Eyes New Emissions Regs for Trucking, Ports

California regulators proposed new emissions rules for the state’s ports and the trucking industry, designed to begin compliance with ambitious “greenhouse gas” emissions reduction law, the Contra Costa Times reported Friday.

September 7, 2007
Business, Fuel, Government

DHL Signs Transport Contract With Wal-Mart

DHL said Thursday it signed a three-year agreement with Wal-Mart Stores to provide air express and ground shipping throughout the United States, supporting the retail giant's 4,000 stores nationwide.

September 6, 2007
Business, Fuel

Oil Tops $76 a Barrel

Crude oil rose to a five-week high Thursday, topping $76 a barrel and approaching the all-time high set in late July, Bloomberg reported.

September 6, 2007
Business, Fuel, Government

UTi Worldwide’s 2Q Income Dips

Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal second-quarter net income fell 20% to $27.7 million or 28 cents a share, from $34.5 million or 35 cents a year ago.

September 6, 2007
Business, Logistics, Fuel, Government

Diesel Rises 3¢ to $2.893; Gas Jumps 4.7¢ to $2.796

The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.

September 5, 2007
Government, Business, Fuel, Technology

Tweaking Specifications on Truck Engines Can Raise Fuel Economy, Study Finds

Fleets can save fuel — possibly by as much as 5% — by “overspec’ing” engines, according to PHH FirstFleet, an asset, financial and technology management company for fleets.

September 4, 2007