Ford Motor Co. is preparing to make a bigger push in electric vehicles, according to Morgan Stanley.
July 3, 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.
New Shipping Fuel Rules Are Starting to Rock the Oil Market
They may still be six months away, but new rules on marine fuels are already sending shock waves through the little-known world of refinery feedstocks.
July 3, 2019Tesla Shares Surge as Model 3 Paces Record Quarter of Deliveries
Tesla Inc. soared in late trading after the electric-car maker set a record for quarterly vehicle deliveries, helped by U.S. consumers rushing to buy Model 3 sedans before a federal tax credit shrank in half.
July 2, 2019Secretary Chao: Fuel Tax a ‘Topic of Discussion’ During Infrastructure Policy Talks
Responding to whether the federal fuel tax should be raised to help fund the country’s corridors, Transportation Secretary Elaine Chao acknowledged the funding approach garnered interest during negotiations of a comprehensive infrastructure bill.
July 2, 2019Second TA Express to Open in Baytown, Texas
TravelCenters of America announced it signed a franchise agreement with Shawn Ali, owner of the Oasis Mart in Baytown, Texas, to convert the business to a TA Express.
July 2, 2019HOP Energy Acquires KoscoHeritage Energy
HOP Energy, a large specialty distributor of heating oil, propane and other petroleum products, acquired KoscoHeritage Energy (KHE), according to a news release.
July 2, 2019Diesel Price Average Dips 0.1¢ to $3.042 a Gallon
The U.S. average retail price of diesel dropped 0.1 cent to $3.042 a gallon, the Department of Energy reported July 1. Crude oil prices remained near $58 a barrel after touching $60 earlier in the day.
July 1, 2019Experts: State Funding a Local Issue, Too
Any statewide measure meant to generate revenue for transportation projects should include the needs of localities, according to Darren Kettle, executive director of the Ventura County Transportation Commission.
June 28, 2019Oil Reaches 5-Week High on Biggest Drop in Stockpiles Since 2016
Oil rose to a five-week high as a huge drop in U.S. crude inventories bolstered the outlook for demand. Futures in New York climbed 2.7% June 26 after the U.S. Energy Information Administration said domestic stockpiles fell by 12.8 million barrels last week.
June 26, 2019Philadelphia Refinery Wrecked by Fire Set to Close
The biggest refinery on the East Coast will shut down, after a massive explosion and fire crippled operations at a site that has helped fuel the region for 153 years.
June 26, 2019