DOE Lowers 2007 Diesel Price Forecast to $2.59 a Gallon
Diesel prices will average $2.59 this year, down from $2.705 last year and 7 cents below an earlier forecast, the Department of Energy said Tuesday.
February 6, 2007Daily Briefings from Transport Topics
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ArvinMeritor Expects Loss From Emissions Unit Sale
ArvinMeritor Inc. said it would take a loss on the pending $310 million sale of its emissions technology business to a private equity firm, Bloomberg reported.
February 6, 2007Diesel Price Rises 2.2 Cents to $2.435 a Gallon
The average price of retail diesel fuel rose 2.2 cents to $2.435 a gallon, marking the first increase in eight weeks, the Department of Energy said late Monday.
February 6, 2007UPS Orders 27 Boeing Jets for Air Shipments
UPS Inc. said Monday it has ordered 27 new Boeing jets to support its growing package business while providing broad options for the management of its air fleet.
February 5, 2007EPA Boosts Enforcement of ULSD Labeling Rule
The Environmental Protection Agency said it has increased enforcement of its fuel-pump labeling rule after finding that the majority of retail diesel pumps it tested did not display ultra-low-sulfur-diesel labels, even though they were dispensing ULSD.
February 5, 2007Air Cargo Shipments Decline in December, Rise for Year
Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.
February 2, 2007ArvinMeritor to Sell Emissions Technology Business for $310 Million
Components maker ArvinMeritor Inc. said Friday it plans to sell its emissions technologies business to a private equity firm for $310 million.
February 2, 2007Truck Suppliers See Obstacles in Push for ‘World’ Vehicle
LAS VEGAS — Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty “world truck,” but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.
February 1, 2007FedEx Completes Acquisition of Indian Express Firm
FedEx Corp. said Wednesday it completed its previously announced acquisition of Indian firm Prakash Air Freight Pvt. Ltd. Terms were not disclosed.
January 31, 2007STB Ruling Hits Rail Fuel-Surcharge Practices
The Surface Transportation Board ruled that freight railroads not calculate their fuel surcharges as a percentage of their base rates.
January 31, 2007