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 others goods, which chilled the outlook for demand.
May 13, 2019BusinessTechnologyEquipmentSafetyFuelLetters to the Editor
Letter: A Future Vision for Diesel Engines
I read with a skeptical eye the article quoting Mr. Roger Nielsen on the demise of the diesel (Transport Topics 4-29, p. 1). Its true that the clipper ship Cutty Sark had only a decade before the age of steam kicked her off her pedestal as the fastest way to transport tea, but I also wonder if Mr. Nielsens predicted demise of the diesel engine may turn out to be an exaggeration.
May 14, 2019BusinessTechnologyFuel
GNA, Cal-Riverside to Advise on Lowering Vehicle Emissions
Gladstein, Neandross and Associates and the University of California-Riversides Bourns College of Engineering Center for Environmental Research and Technology announced the launch of the Low and Zero Emission Readiness Initiative.
May 13, 2019BusinessFuel
Oil Shrugs Off US Tariff Hike to Climb on Tighter Supply
Oil pushed higher despite the U.S. imposition of higher tariffs on Chinese goods, as rising tensions in Iran and elsewhere kept the supply outlook tight.
May 10, 2019GovernmentBusinessFuelLogistics
Lawmakers Mull Funding Options for $2 Trillion Infrastructure Deal
WASHINGTON More than a week after President Donald Trump and congressional Democrats elevated a $2 trillion infrastructure package for lawmakers legislative agenda, stakeholders are speaking up about their funding preferences in advance of a planned meeting between the White House and transportation policymakers to discuss how to pay for the initiative.
May 9, 2019BusinessFuel
Chevron Walks Away From $33 Billion Deal to Buy Anadarko
Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a monthlong bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.
May 9, 2019BusinessTechnologyEquipmentFuelTop 100
A. Duie Pyle Puts Two Electric Trucks on New York City Streets
Executives with less-than-truckload carrier A. Duie Pyle Inc. said the company is on the verge of operating two battery-electric Fuso eCanter Class 4 trucks in New York City as it steps up its involvement with electrified commercial vehicles.
May 8, 2019BusinessFuel
Anadarko Accepts Occidental Petroleum Bid; Chevron to Make Counteroffer?
Anadarko Petroleum Corp.s board has declared Occidental Petroleum Corp.s sweetened $38 billion takeover superior, giving Chevron Corp. until May 10 to either boost its offer or walk away from the oil industrys biggest deal in at least four years.
May 7, 2019GovernmentBusinessSafetyFuel
Lawmakers Introduce Bill to Repeal Federal Excise Tax on New Trucks
Two members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers.
May 7, 2019GovernmentBusinessFuel
Diesel Climbs 0.2瞽 to $3.171
The U.S. average retail price of diesel climbed 0.2 cent to $3.171 a gallon, as crude oil prices settled below $63 amid international tensions, the Department of Energy reported May 6.
May 6, 2019