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Wright Transportation Claims it Was 'Fraudulently Induced' in Diesel-Fuel Deal With Pilot

An Alabama motor carrier who sued Pilot Flying J in connection with a diesel-fuel rebate scam has added a claim that it was “fraudulently induced” into believing it was being given “retail-minus” or “cost-plus” prices for diesel it purchased.

May 18, 2015

Clean Energy Posts 1Q Loss But Reports Higher Natural-Gas Sales

Natural-gas fueling provider Clean Energy Fuels Corp. reported a wider first-quarter net loss than a year ago but said it delivered 27% more fuel.

May 18, 2015

Diesel Price Rises for Fifth Week, Gaining 2.6¢ to $2.904

Diesel’s national average price rose for a fifth consecutive week, climbing 2.6 cents to $2.904 a gallon, the Department of Energy reported May 18.

May 18, 2015

Oil Has Lowest Share of US Transportation Since Era of Steam Trains

Oil has the lowest share of the U.S. transportation fuel market since the 1950s, when steam trains remained a common sight on American railroads.

May 19, 2015

Diesel Average Rises 2.4¢ to $2.878; Price Has Climbed 12.4¢ in Past Month

Diesel’s national average price rose for the fourth straight week, climbing 2.4 cents to $2.878 a gallon, the Department of Energy reported May 11.

May 18, 2015

DOE Boosts 2015 Diesel-Price Forecast But Lowers 2016 Outlook

The Department of Energy bumped its forecast for 2015 diesel prices up by 2 cents to $2.88 a gallon, but lowered its 2016 forecast by 12 cents.

May 12, 2015

Oil Retreats on Speculation Global Supply Glut to Endure

Oil dropped a third day in London May 11 amid speculation that a global oversupply will persist.

May 11, 2015

Diesel Average Rises 2.4¢ to $2.878 a Gallon in Fourth Straight Increase

Diesel’s national average price rose for the fourth straight week, climbing 2.4 cents to $2.878 a gallon, the Department of Energy reported May 11.

May 11, 2015

OEMs Expand Their Presence in Telematics, Will Work With Tech Vendors, DTNA Says

PRINCETON, N.J. — Original equipment manufacturers will play a larger role in the telematics market in the years ahead, but their efforts will complement the services already provided by third-party technology suppliers rather than replacing them, an OEM’s telematics director told trucking technology professionals here.

May 11, 2015

Expeditors Net Income Jumps 27%

Expeditors International of Washington Inc. raised net income 27% to $107.3 million, or 55 cents per share, as business improved for air and ocean freight management services.

May 6, 2015