Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request
Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.
August 7, 2007Quality to Acquire Boasso America
Tanker carrier Quality Distribution, Tampa, Fla., announced Thursday it will pay $60 million to acquire privately-held Boasso America Corp., a Chalmette, La., company that provides tanker cleaning and maintenance services, Bloomberg News reported.
August 3, 2007Oil Closes at Record $78.21 a Barrel
Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.
August 1, 2007Diesel Dips 0.3¢ to $2.886; Gasoline Tumbles Again
Diesel fuel’s national average pump price dipped 0.3 cent to $2.886 a gallon, while gasoline continued its downward trend, falling 8.2 cents to $2.876, the Energy Department said Monday.
July 31, 2007Iowa Lifts HOS Rules for Fuel Haulers
Volvo’s Second-Quarter Earnings Plunge
Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.
July 25, 2007Paccar’s 2Q Income Dips on Lower Sales
Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit fell 19% as North American heavy-duty truck demand declined due to new U.S. clean air regulations.
July 24, 2007Forward Air’s Income Dips; Plans to Buy Indiana Carrier
Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.
July 24, 2007Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007FedEx LTL Units Cut Fuel Surcharges
FedEx Corp.’s less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.
July 23, 2007