Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel, Autonomous

Bankruptcies Increase as Freight Declines

Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.

April 16, 2007
Business, Fuel, Government

Diesel Gains 5¢ to $2.84 a Gallon

The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.

April 16, 2007
Business, Fuel

U.S. Xpress to Report 1Q Loss

Truckload carrier U.S. Xpress Enterprises said Friday it will report a first-quarter loss next week on declining freight demand and rising fuel costs.

April 13, 2007
Business, Fuel, Government

March Producer Prices Rise 1%

The producer price index rose 1% in March, the Labor Department reported Friday. The core PPI excluding food and energy was unchanged.

April 13, 2007
Business, Fuel, Government

UPS Signs China Air Pact

UPS Inc. and the Shanghai, China, Airport Authority signed an agreement Thursday that is a step toward construction of an air hub at the Shanghai airport.

April 12, 2007
Business, Fuel, Government

Oil Rises Following DOE Report

Crude oil prices climbed to more than $62 a barrel Wednesday following the Energy Department’s weekly inventory report that showed gasoline inventories plunged for a ninth straight week, Bloomberg reported.

April 11, 2007
Fuel, Business, Government

Fuel Averages to Hit Records

Retail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.

April 11, 2007
Fuel, Business, Government

Diesel Climbs 5¢ to $2.84

The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last week’s 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.

April 10, 2007
Business, Government, Safety, Fuel

Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say

April 9, 2007
Business, Government, Safety, Fuel, Autonomous

Greenhouse Ruling Could Raise Costs

The Supreme Court’s ruling that the EPA must reconsider its position to leave “greenhouse gas” emissions from motor vehicles unregulated could lead to increased costs for trucking companies.

April 9, 2007