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Diesel, Gas Prices to Rise July 1 in Five States

Routine fuel tax increases take effect July 1 in California, Illinois, Indiana, Missouri and Virginia, while an effort to boost fuel taxes and fees on EVs is causing controversy in New Jersey.

June 4, 2024

Peterbilt Introduces CARB-Compliant MX-13 Engine

Peterbilt Motors Co. announced that a California-compliant version of the Paccar MX-13 diesel engine is now available in its Model 579, Model 567 and Model 589 trucks.

June 4, 2024

Bankrupt Yellow May Start New REIT Using Empty Terminals

Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.

June 4, 2024

Diesel Price Dips 3.2¢ a Gallon to $3.726

The national average diesel price extended its downward movement, shedding 3.2 cents a gallon to $3.726, according to Energy Information Administration data released June 3.

June 3, 2024

South Accounts for Lion’s Share of Factory Construction Boom

States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.

June 3, 2024

Full Port of Baltimore Channel Set to Open by June 10

The Army Corps of Engineers now expects to have the full Federal Channel into Port of Baltimore open by June 10 at the latest, a slightly later target than their original timeline of late May.

June 3, 2024

CalAmp Files Bankruptcy to Complete Restructuring

CalAmp Corp., which develops business software designed to track vehicles and improve company logistics, has filed bankruptcy to complete a lender-backed plan to cut debt.

June 3, 2024

Ships Diverted From Red Sea Send Ripple Effects Across Globe

Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.

June 3, 2024

US Diesel Demand Hits 26-Year Seasonal Low in March

U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.

May 31, 2024