NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule
New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.
June 18, 2007Oil Rises Following DOE Report
Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.
June 14, 2007DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007Congress Eyes Boosting Fuel Economy
Stronger fuel-economy rules stand their best chance in years of passing Congress, amid heightened concern about gas prices and global warming, the Los Angeles Times reported Tuesday.
June 12, 2007Diesel Dips 0.7¢ to $2.792; Gas Plunges 8.1¢ to $3.076
Diesel fuel’s national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.
June 12, 2007China Sets Biofuels Moratorium
China announced a moratorium on the production of ethanol from corn and other food crops Monday, at the same time that Western leaders are moving to embrace more alternative fuels, the Times of London reported Tuesday.
June 12, 2007‘Hot Fuel’ Comes Under Federal Scrutiny
Federal lawmakers said that oil companies and service station owners cheated consumers due to fuel’s tendency to expand in warm temperatures, the Los Angeles Times reported Saturday.
June 11, 2007Crude Oil Tumbles $2 a Barrel
Crude oil plunged more than $2 a barrel from a nine-month high on concern that rising interest rates may lead to slower growth in demand, Bloomberg reported Friday.
June 8, 2007EPA Official Resigns as Head of Emissions Program
UTi Worldwide’s 1Q Income Dips
Air and ocean freight forwarder UTi Worldwide’s fiscal first -quarter net income fell 6% to $18.1 million or 18 cents a share, from $19.3 million or 20 cents a year ago.
June 7, 2007