Lower speed limits for railroads may be ineffective at keeping oil trains on the tracks and preventing massive fireballs, such as those triggered in a series of recent derailments, the chief U.S. railroad regulator said.
March 16, 2015Business, Fuel
Quick Take: Oil Prices May Have Further to Fall
Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.
March 17, 2015Business, Fuel
Speed Limits May Not Stop Fiery Oil Spills, Rail Chief Says
Business, Fuel, Safety, Equipment
Goodyear Rolling Out New Fuel Max Line; Says Tires Provide Fleets Additional Savings
SAN ANGELO, Texas — The Goodyear Tire & Rubber Co. is out to prove its engineering research and product development efforts can lead to financial savings for fleet customers.
March 16, 2015Business, Government, Safety, Fuel, Autonomous
High Court Sides With Ala. in Fuel-Tax Case
The U.S. Supreme Court ruled Alabama should have an opportunity to substantiate its long-standing practice of issuing a fuel sales tax on railroads but not competitors in the trucking industry.
March 16, 2015Business, Fuel
Diesel Average Rises 0.8¢ to $2.944 as Warmer Weather Slows Increase
A gradual thawing out from the recent blast of cold weather that engulfed much of the United States helped slow the retail diesel and gasoline price increases last week, the Department of Energy reported.
March 16, 2015Business, Fuel
TravelCenters of America Profit Nearly Triples
TravelCenters of America, the only publicly traded truck stop operator, capitalized on a 65% improvement in fuel-sale profit margins to nearly triple net income to $34.3 million, or $0.91 per share.
March 13, 2015Fuel, Business, Technology
Teletrac, Navman Wireless to Develop Unified Telematics Platform Following Merger
Recently merged fleet-tracking providers Teletrac Inc. and Navman Wireless are working to develop a unified telematics platform while continuing to support their current product lines and customers.
March 13, 2015Government, Business, Fuel
ARTBA Says Raise Fuel Tax 15 Cents, Give Taxpayers Rebates
The nation’s road builders have proposed that Congress hike the federal diesel and gasoline tax 15 cents a gallon and offset the cost for low- and middle-income people with tax rebates.
March 12, 2015Business, Fuel
Trains Carrying Crude in Canada to Face Tougher Safety Standards
Canada is strengthening proposed new safety standards for rail cars carrying crude oil, requiring thicker steel and other improvements after a 2013 derailment killed 47 people.
March 12, 2015Government, Business, Safety, Fuel, Autonomous
Science Group Urges Strong Greenhouse Gas Rule
The Union of Concerned Scientists wants two federal agencies to set a rigorous standard for improvement in their rule on greenhouse gas emissions by heavy- and medium-duty trucks, which is due by the end of March.
March 11, 2015