Forward Air Corp. said it will buy Central States Trucking Co. for $95.6 million.
January 24, 2014BusinessFuelGovernment
Diesel Price Declines to $3.873; Gasoline Also Falls
Diesel and gasoline both fell for a second straight week, with diesel declining 1.3 cents to $3.873 a gallon, the Department of Energy reported.
January 22, 2014Fuel
Comdata, Truck-Stop Chains Agree to Settle Antitrust Case for $130 Million
Fuel card provider Comdata Inc. and three major truck-stop chains have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck stop businesses.
January 22, 2014BusinessFuel
US Diesel Average Declines 2.4¢ to $3.886
The average price of diesel fell 2.4 cents to $3.886 a gallon, its first decline in four weeks, the Department of Energy reported Jan. 13.
January 20, 2014BusinessFuel
Pilot Says It Has Paid Back 95% of Customers
Pilot Flying J said it has had paid back about 95% of its customers in its ongoing fuel-rebate legal case.
January 16, 2014BusinessFuel
Diesel Slides 2.4¢ to $3.886 a Gallon; Gasoline Dips
Diesel fell 2.4 cents to $3.886 a gallon, its first decline in four weeks, the Department of Energy reported Jan. 13.
January 13, 2014Fuel
DOE: Fuel Prices Won’t Spike Despite Historic Cold Snap
U.S. retail diesel and gasoline prices edged up by less than a penny per gallon last week, and analysts said strong refinery production should prevent price spikes from the massive cold front that blanketed much of the country.
January 13, 2014BusinessFuel
Diesel to Slide to $3.81 This Year, DOE Says
Diesel’s retail price will decline to $3.81 a gallon this year — 11 cents below last year’s average but 4 cents over last month’s projection, the Department of Energy reported.
January 8, 2014BusinessFuelGovernment
Trade Deficit Declines to Four-Year Low
The U.S. trade deficit declined in November to a four-year low, the Commerce Department reported Jan. 7.
January 7, 2014BusinessFuel
Diesel, Gasoline Each Rise Slightly
Diesel and gasoline each edged up by less than a penny, with diesel rising 0.7 cent to $3.91 a gallon, the Department of Energy reported Jan. 6.
January 6, 2014