Forward 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, 2007Diesel Price Rises 4¢ to $2.889
The average U.S. retail price for diesel fuel reached its highest level since September last week after rising 4 cents to $2.889 a gallon, the Department of Energy reported.
July 23, 2007Oil Closes Near $76 a Barrel
Crude oil briefly touched $76 a barrel for the first time in 11 months before closing just below that level on Thursday, the Associated Press reported.
July 19, 2007Trucking Groups Back Tax Breaks for Onboard Power Units
American Trucking Associations and the Canadian Trucking Alliance Tuesday urged state and provincial governments to revise their fuel tax systems to encourage truckers to use truck idling reduction technology.
July 17, 2007Diesel Rises 4¢ to $2.889; Gas Jumps 6.8¢ to $3.049
Diesel fuel’s national average price jumped 4 cents in the past week to $2.889 a gallon, the highest price since September, the Department of Energy said Monday.
July 17, 2007Volvo, Mack to Research Engine Efficiency
Volvo AB and Mack Trucks have agreed to develop a heavy-duty diesel engine that would use 10% less fuel and emit 10% less carbon dioxide than 2007 engines under a new agreement between the U.S. and Swedish governments.
July 16, 2007Some Fleets Pleased With ’07 Engines
Truckers who have purchased heavy-duty tractors with 2007 engines say the vehicles have run as well, if not better, than previous engines in terms of fuel, performance, reliability and maintenance.
July 16, 2007Diesel Rises 2¢ to $2.849
The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.
July 16, 2007