Aerodynamic devices intended to calm turbulence and improve fuel efficiency for heavy-duty vehicles come in many shapes and sizes — from wheel covers to fairings over, under and behind trailers. Now a group of investors has provided additional support to XStream Trucking Inc., whose TruckWings device automatically encloses the area between the tractor and trailer.
May 29, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Rep. Earl Blumenauer Proposes Fuel Tax Increase
Rep. Earl Blumenauer, a member of the tax policy-writing Ways and Means panel, recently unveiled legislation that would increase federal fuel taxes.
May 29, 2019Diesel Drops 1.2¢ to $3.151 a Gallon
The U.S. average retail price of diesel dropped 1.2 cents to $3.151 a gallon, the Department of Energy reported. Concerns over demand and supply pushed oil below $59 a barrel, a level not seen since mid-March.
May 28, 2019CEOs Raise Concerns About Availability of Diesel and Other Fuels in 2020 Because of IMO Bunker Fuel Mandate
A group of industry stakeholders is urging the Trump administration to take action to ensure adequate supplies of fuel for freight and air travel and home heating in advance of a change in the type of fuel the maritime industry will use beginning next year.
May 24, 2019Perspective: The Time to Act on Infrastructure Is Now
It is one of the greatest networks built in the history of mankind. From the Evergreen State of Washington to the Sunshine State of Florida and from the Golden State of California to the Pine Tree State of Maine — more than 45,000 miles of interstate highways connect us from coast to coast. Whether carrying food from the farm to the table, or goods from the factory floor to store shelves, interstate highways are the lifeblood of our nation’s commerce.
May 22, 2019Diesel Inches Higher to $3.163 a Gallon
The U.S. average retail price of diesel rose 0.3 cent to $3.163 a gallon, the Department of Energy reported, while crude climbed to $63.14, the highest level in almost three weeks amid opposing supply-and-demand signals.
May 20, 2019Gas-Tax Hike Is in Play as Trump Weighs Infrastructure Politics
The Trump administration hasn’t ruled out increasing the gas tax to help finance a $2 trillion infrastructure plan, but the idea has little support among officials who are wary of a politically risky move heading into the 2020 election.
May 17, 2019US Gasoline Traders Would Rather Export Than Ship to New York
The busiest U.S. fuel pipeline is running below capacity, as Gulf Coast refiners get fatter margins exporting to Latin America than shipping to New York.
May 16, 2019Oil Advances as Shrinking US Gasoline Supply Brightens Outlook
Oil rose after a government report showed shrinking U.S. gasoline supplies, suggesting more demand ahead for crude as tensions flare in the Middle East.
May 15, 2019Diesel Drops 1.1¢ to $3.16 a Gallon; Oil Slides to $61 a Barrel
The U.S. average retail price of diesel fell 1.1 cents to $3.160 a gallon. Oil prices slipped to $61 a barrel as the United States and China imposed higher tariffs on the other’s goods, which chilled the outlook for demand.
May 13, 2019