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, 2015BusinessFuelGovernmentSafety
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, 2015BusinessFuel
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, 2015BusinessFuel
DOE Lowers Diesel-Price Forecast for 2015
The Department of Energy lowered its 2015 forecast for U.S. retail diesel prices by 2 cents to $2.83 a gallon but boosted its crude-oil price forecast slightly.
February 11, 2015BusinessFuel
Diesel Price Edges Up in First Gain Since November; Gasoline Jumps 12.3¢
Diesel’s national average retail price rose 0.4 cent to $2.835 a gallon, the first increase since November, while gasoline jumped 12.3 cents to $2.191, the Department of Energy reported.
February 10, 2015GovernmentBusinessFuel
Senators Pressing EPA to Set Renewable Fuel Standard for Biodiesel
Thirty-two senators have written a letter to Environmental Protection Agency Administrator Gina McCarthy asking for quick approval of strong biodiesel volumes under the Renewable Fuel Standard for 2014, 2015 and 2016.
February 9, 2015GovernmentBusinessSafetyFuelTechnologyEquipment
Blumenauer Bill Would Raise Fuel Taxes; ATA’s Graves Touts Approach
Rep. Earl Blumenauer, a member of the tax-writing House Ways and Means Committee, held a press conference Feb. 4 to announce he has reintroduced the bill he put forth last year that would increase fuel taxes to pay for upgrading the nation’s aging transportation system.
February 4, 2015GovernmentBusinessFuel
Senate Bill Would Provide Tax Equity For LNG
Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.
February 4, 2015BusinessFuel
Diesel Drops 3.5¢ to $2.831; Gas Gains for First Time Since September
Diesel’s national average price fell 3.5 cents to $2.831 a gallon, a new five-year low, while gasoline rose for the first time since September, the Department of Energy reported Feb. 2.
February 3, 2015BusinessFuel
Oil Rises as Workers Strike at Nine Refineries
Oil climbed to over $50 a barrel Monday as workers at some of the nation’s refineries began strike action.
February 2, 2015