FedEx Corp. worked with Con Edison in New York City in an experiment to reduce the cost of charging electric vehicles using smart grid technology at its charging stations.
February 24, 2015Business, Fuel
FedEx Partners With Con Edison for Electric Vehicle Research
Business, Fuel
Diesel’s National Average Price Rises 3.5¢ to $2.90 a Gallon
Diesel’s national average retail price continued its recent string of increases, gaining 3.5 cents to $2.90 a gallon, the highest level in five weeks, the Department of Energy reported.
February 24, 2015Business, Fuel
Shell-Oil Union Talks to Resume This Week Over Strike
Royal Dutch Shell Plc and the United Steelworkers, which represents 30,000 U.S. oil workers, are said to be planning to restart talks this week to resolve a labor dispute as more workers joined in the nation’s biggest refinery strike since 1980.
February 23, 2015Business, Fuel, Government
Diesel Gains for 2nd Week
U.S. retail diesel prices rose last week, by 3 cents a gallon, the first back-to-back increase for the fuel average since June.
February 23, 2015Business, Fuel
Type of Oil Car in West Virginia Fire May Be Rolling for Years
Oil tank cars like those that ruptured in a train derailment in rural West Virginia on Feb. 16, sending a massive fireball into the sky and forcing evacuation of nearby homes, could be rolling through U.S. cities for years to come.
February 19, 2015Business, Fuel
Los Angeles Gasoline Rises to 17-Month High Following Blast
Wholesale gasoline in Los Angeles surged to the highest level in more than a year after an explosion at an Exxon Mobil Corp. oil refinery in Southern California.
February 19, 2015Business, Fuel
Oil Train Crash Adds Pressure for New Safety Standards
Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.
February 18, 2015Business, Fuel
Diesel Average Climbs 3¢ to $2.865 a Gallon
U.S. retail fuel prices rose last week, with diesel gaining 3 cents a gallon, on average, while gasoline added 8.3 cents, the Department of Energy reported.
February 17, 2015Business, Fuel, Government, Safety
Forward Air to Buy Towne for $125 Million, Combining Largest Air-Ground Carriers
Forward Air Corp. has agreed to acquire Towne Air Freight for $125 million in a move that combines two of the largest companies specializing in transporting cargo to and from airports in the United States.
February 16, 2015Business, Fuel
Diesel Price Rises 0.4¢ in First Uptick of 2015
Diesel’s national retail average price rose 0.4 cent to $2.835 a gallon, the first increase since November, while the gasoline price jumped 12.3 cents to $2.191, the Department of Energy reported.
February 16, 2015