October Trade Gap Rises 1.2%
The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.
December 12, 2007DOE Boosts ’08 Diesel Price Forecast
The Department of Energy sharply boosted its projections for diesel fuel prices into 2008, raising its forecast from a month ago by 18 cents a gallon for this month alone, to an average of $3.36 a gallon.
December 11, 2007Diesel Drops 9.1¢ to $3.325
The national average price of diesel fuel fell for a second straight week, dropping 9.1 cents to $3.325 a gallon, the Energy Department said Monday.
December 11, 2007FedEx Teams With Parker Hannifin on Hybrid Technology
FedEx Ground and Parker Hannifin Corp. said Friday they have agreed to test a Class 6 vehicle employing hybrid hydraulic technology that seeks to improve fuel mileage by greater than 50% and significantly reduce engine emissions.
December 10, 2007California Approves Port Emissions Rules
California state regulators enacted strict air emission rules Friday that will ban much of the current fleet of diesel trucks from all ports statewide, the Los Angeles Times reported Saturday.
December 10, 2007Opinion: Dealing With California’s Reefer Rules
The California Air Resources Board is recommending that truckers with transport refrigeration units, also known as reefers, pay attention to upcoming deadlines to avoid penalties.
December 10, 2007SDA Unveils EyStar Pocket-Size GPS Unit
Secured Digital Applications, a provider of asset-tracking services, has unveiled its new pocket-size Bluetooth Global Positioning System receiver, saying it offers a cheaper alternative to comparable vehicle-mounted systems.
December 10, 2007Diesel Dips 2.8¢ to $3.416 a Gallon
The average price of retail diesel slipped below its record high last week, dipping 2.8 cents to $3.416 a gallon, the U.S. Department of Energy reported, citing a decline in demand for distillate fuels.
December 10, 2007Senate Blocks Energy Bill
Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.
December 7, 2007UTi Worldwide’s 3Q Profit Improves
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.
December 6, 2007