When Rhode Island Gov. Gina Raimondo announced her transportation plan based on truck tolling Oct. 8, Rhode Island Trucking Association President Chris Maxwell called RhodeWorks ridiculous.
October 28, 2015Government, Business, Safety, Fuel, Autonomous
Rhode Island Trucking Association Offers Alternative to Gov. Raimondos Plan
Business, Fuel
National Diesel Average Declines for Second Consecutive Week
The average price of diesel fuel in the United States declined 3.3 cents a gallon to $2.498, the second consecutive weekly decline, the Department of Energy reported Oct. 26.
October 27, 2015Business, Fuel
US Plans to Sell Down Strategic Oil Reserve to Raise Cash
The United States plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached Oct. 26 by the White House and top lawmakers from both parties.
October 27, 2015Business, Fuel
Oil at $50 Is Gift to World Says OPEC Member
Oil at $50 a barrel is a gift to the world as prices should be low enough to spur economic growth, according to the head of Abu Dhabis Department of Economic Development.
October 26, 2015Business, Fuel
National Diesel Average Declines 2.5瞽 to $2.531 a Gallon
The average price of diesel fuel in the United States declined 2.5 cents a gallon to $2.531, the Department of Energy reported Oct. 19.
October 20, 2015Business, Government, Safety, Fuel
Trailer Makers Say GHG Plan Exceeds EPAs Legal Authority
Trailer makers are troubled by the Phase 2 proposal on greenhouse-gas emissions, with some asserting the agencies involved exceeded their regulatory authority and others arguing the mandates are overly aggressive and based on faulty assumptions.
October 19, 2015Business, Fuel, Safety, Government
UTi Worldwide Agrees to Buyout by DSV Group for $1.35 Billion
UTi Worldwide, a U.S.-based air and ocean freight forwarder that has been struggling to reverse a downward trend in revenue and profits, has agreed to a buyout by Danish freight forwarder and transportation firm DSV Group for $1.35 billion.
October 19, 2015Business, Government, Safety, Fuel
Diesel Jumps 6.4瞽 to $2.556;Gasoline Rises 1.9瞽 to $2.337
The average price of diesel fuel in the United States rose 6.4 cents a gallon to $2.556, the largest increase in more than two years, the Department of Energy reported.
October 19, 2015Business, Fuel
America's Highways Come Alive as Cheap Gas, Job Growth Spur Driving
Americans are increasingly taking to the highways and byways as lower gasoline prices and rising employment spur a road trip recovery, according to Nicholas Colas, chief market strategist at Convergex.
October 15, 2015Business, Fuel
National Diesel Average Price Rises by Most in More Than Two Years
The average price of diesel fuel in the United States rose 6.4 cents a gallon to $2.556, the largest increase in more than two years, the Department of Energy reported Oct. 13.
October 13, 2015