CHATTANOOGA, Tenn. - Jurors in whose hands rest the fate of the former president of the nation’s largest diesel fuel retailer and three subordinates went home Feb. 7 after nearly four hours of deliberations and no verdict.
February 8, 2018GovernmentBusinessFuelTCA
Hazelwood Attorney Says Feds Are Making a Crime out of Civil Fraud
CHATTANOOGA, Tenn. — The former president of Pilot Flying J took on the federal government Feb. 6, accusing prosecutors of ginning up a criminal case out of a civil fraud, and making a deal with the devil to do it.
February 7, 2018Fuel
US Crude Output to Jump Above 11 Million Barrels a Day Sooner Than Expected
The U.S. government sees nationwide oil production jumping above 11 million barrels a day much quicker than anticipated.
February 6, 2018BusinessTechnologyEquipmentFuelLogisticsAutonomous
Survey: US Manufacturers Say Autonomous Trucks Could Cut Costs
Manufacturers could save nearly 30% of their total transportation costs through 2040 if autonomous, longhaul trucking is aggressively adopted, according to an analysis of a new survey of U.S. manufacturers by PwC and the Manufacturing Institute.
February 6, 2018BusinessFuelTCA
Prosecutor: Former Pilot Flying J President Approved of and Planned to Expand Fraud Scheme
CHATTANOOGA, Tenn. — Former Pilot Flying J President Mark Hazelwood didn’t merely know his sales division was “infected” with a greedy plot to deceive and defraud trucking companies. He promoted the chief architect of the plot and made plans to grow the scheme, a federal prosecutor told jurors Feb. 5.
February 6, 2018BusinessEquipmentFuel
Diesel Rises 1.6¢ to $3.086 a Gallon
The U.S. average retail price of diesel rose 1.6 cents to $3.086 as oil slipped and continued to slide below $64 a barrel. It marked the fourth consecutive week of average diesel prices above $3.
February 5, 2018EquipmentFuelPerspective
Opinion: Extreme Winter Temperatures Can Ravage Fuel Filters
The historic cold snap that gripped New England and the Mid-Atlantic to kick off the new year challenged fuel handlers, causing sporadic operational issues for diesel fuel distributors and their fleet customers.
February 5, 2018BusinessFuelTCA
Four Defendants and a Cache of Questions Face Jury in Pilot Flying J Fraud Trial
CHATTANOOGA, Tenn. - In a trial that exposed an underbelly of greed, fierce competition, thievery and even racism within a division of the nation’s largest diesel fuel retailer, jurors now face a slew of questions as the case comes to a close.
February 5, 2018BusinessFuelTCA
Ex-President of Pilot Flying J Won’t Testify or Summon Witnesses in Ongoing Fraud Trial
As federal prosecutors wrapped up their case against him Jan. 31, former Pilot Flying J President Mark Hazelwood opted not to testify or present witnesses on his own behalf.
February 2, 2018BusinessFuel
California Could See the Return of $4 Gasoline by May
Motorists in California, the state with the most expensive gasoline, could see pump prices that begin with a 4 again as oil markets rally.
January 31, 2018