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Forward Air Reports Flat Fourth-Quarter Profit

Forward Air Corp., a contractor to the air cargo industry, reported its fourth-quarter net income matched the previous year’s, at $12.2 million, while earnings per share climbed to 40 cents a share from 38 cents.

February 13, 2007

Letters to the Editor: Hybrid Trucks, Diesel vs. Gasoline

to write a Letter to the Editor.
Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.

February 9, 2007

Diesel 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, 2007

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, 2007

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, 2007

UPS 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, 2007

EPA 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, 2007

ArvinMeritor 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, 2007

Air 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, 2007