Reminding lawmakers about the urgent need to rebuild the country's aging transportation network, former Pennsylvania Gov. Ed Rendell (D) told a key Senate panel on Jan. 29 that they need to raise fuel taxes.
January 29, 2015Government, Business, Fuel, Safety
Former Pa. Governor Urges Senators to Raise Gas Tax
Fuel
鈥楬ot Fuel鈥 Cases Move Toward Final Settlement
A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running 鈥渉ot fuel鈥 case, after giving preliminary approval to settlements with 28 oil and fuel retailers.
January 29, 2015Business, Safety, Fuel, Government
Kentucky, Ohio Governors Trying to Jump-Start Bridge Project
Kentucky Gov. Steve Beshear (D) and Ohio Gov. John Kasich (R) have directed their transportation departments to devise what they call 鈥渁 cost-saving plan that limits tolls鈥 but moves forward with rebuilding the Brent Spence Bridge linking the states.
January 29, 2015Business, Fuel
Electric Truck Sales Expected to Reach 160,000 Annually by 2023, Report Says
Sales of commercial trucks and buses that use electric drive technology are expected to grow to 160,000 annually by 2023, according to a new report by Navigant Research.
January 29, 2015Business, Fuel
Gasoline Price Breaks Unprecedented 123-Day Losing Streak With Half-Penny Rise
Just when the U.S. was pennies away from reaching $2 a gallon at the pump, prices rebounded.
January 28, 2015Business, Fuel
Diesel Drops 6.7垄 to $2.866 a Gallon
Diesel鈥檚 average pump price fell 6.7 cents to $2.866 a gallon, continuing its seven-month downward trend, the Department of Energy reported.
January 27, 2015Government, Business, Fuel, Safety, Autonomous
Trucking Industry to Congress: Raise Fuel Taxes
American Trucking Associations is calling on members of the 114th Congress to approve an increase of federal fuel taxes to fund infrastructure programs under a long-term highway bill this year.
January 26, 2015Business, Fuel
Steep Drop in Gasoline Prices Diminishing, Lundberg Says
The average price of regular gasoline at U.S. pumps dropped 13.3 cents to $2.069 a gallon, as the plunge may be abating, according to Lundberg Survey Inc.
January 26, 2015Business, Government, Safety, Fuel
Fleet Failures at Record Low as Rates Rise, Fuel Declines
Fleet failures plummeted to an all-time low in the fourth quarter as higher rates and lower fuel prices pumped cash into the fleets that were in danger of failing, a new report said.
January 26, 2015Business, Fuel, Logistics, Government, Autonomous
Diesel Average Falls Below $3 for First Time Since Sept. 2010
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.
January 26, 2015