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Forward Air CFO Rodney Bell to Retire, XPO’s Michael Morris to Take Post

Forward Air Corp. announced that Chief Financial Officer Rodney Bell will retire on June 27 and that Michael Morris, an XPO Logistics executive, will replace Bell in the post.

May 29, 2016

Diesel Average Falls 3.2¢ to $2.782 Per Gallon; Eighth Consecutive Weekly Drop

Diesel’s national average price declined for the eighth consecutive week, dropping 3.2 cents to $2.782 per gallon, according to a report from the Department of Energy on July 20. The average price of gasoline fell by the identical amount.

July 20, 2015

Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply

The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.

July 20, 2015

Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.

Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.

July 20, 2015

BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota

A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.

May 6, 2015

Shell Will Buy BG Group for $70 Billion in Cash and Shares

Royal Dutch Shell agreed to buy BG Group Plc for about $70 billion (47 billion pounds) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.

, April 8, 2015

Diesel Average Hits Five-Year Low

Diesel’s national average retail price fell to a five-year low, dropping 4 cents to $2.824 a gallon, the Department of Energy reported.

April 6, 2015

Diesel Falls 5.3¢ to $2.864 in Second Weekly Price Drop

Diesel’s national average price dropped 5.3 cents to $2.864 a gallon, the second consecutive weekly decline after five straight increases, the Department of Energy reported March 23.

March 30, 2015

Diesel Average Falls Below $3 for First Time Since Sept. 2010

For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.

January 26, 2015

Diesel Rises 5.4¢ in First Gain Since June

Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.

November 10, 2014