CVG’s First-Quarter Income Falls
Auto and truck parts supplier Commercial Vehicle Group said its first-quarter profit fell by 78% to $3 million or 14 cents a share, from $13.4 million or 62 cents last year.
April 30, 2007EPA Stance on SCR Earns Praise
Truck and engine makers said they were pleased with new guidelines on selective catalytic reduction technology issued by the U.S. EPA, despite some concerns.
April 30, 2007Diesel Drops 2.6¢ to $2.851
The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.
April 24, 2007Truckers Concerned on New Engines’ Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007Forward Air’s Profit Dips
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.
April 24, 2007Heavy-Duty Engine Manufacturers Allow Biodiesel Use Without Voiding Warranties
U.S. Fuel Prices Continue to Rise
Fuel prices continued to rise last week as heavy demand for diesel and gasoline combined with high oil prices and a string of refinery shutdowns.
April 23, 2007Swift’s First-Quarter Earnings Tumble
Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Diesel Rises 3.7¢ to $2.877
The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.
April 17, 2007Maersk to Boost Fuel Surcharge
A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.
April 16, 2007