OPEC trimmed estimates for supplies from outside the group in 2016 as the slump in prices takes its toll on the U.S. shale-oil industry.
September 14, 2015BusinessFuel
US Diesel Average Increases for 1st Time in 14 Weeks
Labor Day marked the end of the 14-week price holiday for diesel, as the U.S. average retail price rose by 2 cents a gallon to $2.534, the first such increase since Memorial Day.
September 8, 2015BusinessFuel
Second LNG-Powered Containership Is Launched
Ocean carrier Tote and ship builder Nassco announced they have launched a second alternative fuel-powered vessel as efforts advance to put the first two liquefied natural gas containerships into service.
September 8, 2015BusinessGovernmentSafetyFuelAutonomous
Fleet Failures Plunge 90%
Trucking failures fell by nearly 90% in the second quarter compared with a year earlier and also dipped slightly from the first quarter of 2015 as favorable rates and fuel prices as well as other trends buoyed fleets’ financial results, a new report finds.
September 7, 2015BusinessFuelGovernment
US Diesel Average Slides to $2.51; Lowest Level Since July 2009
The U.S. average retail diesel price dropped 4.7 cents a gallon last week to $2.514, the Department of Energy said, marking a 14th straight week of declines.
September 7, 2015BusinessFuel
Gas Prices Below $2 are Coming, AAA Says
The price of gasoline is expected to decline to less than $2 a gallon this winter for most of the country, according to a recent report by AAA.
September 3, 2015BusinessFuel
ANG Completes CNG Station for Grocery Retailer
American Natural Gas said it has completed a new compressed natural gas fueling station in Lancaster, New York, to support grocery retailer Tops Friendly Markets’ new fleet of 55 CNG-powered tractors from Ryder Inc.
September 3, 2015GovernmentFuel
Agencies Extend Comment Period on Proposed GHG Phase 2 Rule Through Oct. 1
The U.S. Environmental Protection Agency and the National Highway Traffic Safety Administration have extended through Oct. 1 a comment period for an expansive proposed rule on greenhouse gas for trucks, the agencies announced Aug. 31.
September 1, 2015BusinessFuel
National Diesel Average Drops to Lowest Level Since July 2009
The average price of diesel fuel in the United States declined 4.7 cents a gallon to $2.514, the lowest level since July 2009, the Department of Energy reported Aug. 31.
August 31, 2015FuelBusinessTechnology
MiX Telematics Launches Driver-Engagement App
Trucking technology supplier MiX Telematics has launched a new application designed to engage drivers by letting them track their performance via the Web or a mobile device.
August 31, 2015