After years of accounting for just a single-digit share of the heavy-truck brake market, air disc brakes are enjoying double-digit growth, and suppliers are optimistically predicting the systems will capture a quarter of the foundations brake market within a few years.
July 20, 2015Search
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EPA Suing Navistar Over 2010 Engines
The U.S. Environmental Protection Agency on July 14 filed a lawsuit against truck maker Navistar International Corp. alleging that the company in 2009 began the manufacture of 7,750 heavy-duty diesel engines it offered for sale in calendar year 2010 that did not meet emissions standards applicable to 2010 engines.
July 16, 2015Energy Prices Help Spending, Hinder Manufacturing, Beige Book Report Says
U.S. economic activity continued to expand from mid-May through June, with lower energy prices helping to boost consumer spending but remaining a drag on manufacturing, the Federal Reserve said July 15.
July 15, 2015Diesel Average Drops 1.8¢ to $2.814 Per Gallon in Seventh Consecutive Decline
Diesel’s national average price declined for the seventh consecutive week, slipping 1.8 cents to $2.814 per gallon, the Department of Energy reported July 13. That makes diesel $1.08 cheaper than a year ago, DOE said after its weekly survey of filling stations. But gasoline climbed 4.1 cents to $2.834.
July 13, 2015Eco Flow Votes to Join Teamsters
Port truck drivers from Eco Flow Transportation voted to join the Teamsters, which has backed efforts to convert driver status from independent contractor to employee.
July 10, 2015Oil Prices May Fall Further Before Supply Fades in 2016, IEA Says
Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output growth outside OPEC grinds to a halt, according to the International Energy Agency.
July 10, 2015Texas Man Bilks Oil Refiners in $78 Million Biodiesel Fraud
A Houston man who amassed a fortune selling renewable fuel credits given for producing biodiesel, although he never actually made any of the alternative fuel, has pleaded guilty to federal criminal charges.
July 13, 2015GOP Congressman Proposes Fuel Tax Increase
Rep. Tom Rice (R-S.C.) introduced legislation that would raise federal fuel taxes by 10.1 cents per gallon, and index the new rate to inflation as a way to ensure the long-term solvency of the Highway Trust Fund.
July 9, 2015DOE Lowers 2015 Diesel-Price Forecast to $2.86
The Department of Energy lowered its 2015 forecast for U.S. diesel prices 2 cents to $2.86 a gallon but held its 2016 projection at $3.03.
July 8, 2015BP Reaches $18.7 Billion Settlement Over Deadly 2010 Spill
HOUSTON — BP will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
July 2, 2015