A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running “hot fuel” case, after giving preliminary approval to settlements with 28 oil and fuel retailers.
January 29, 2015Search
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Former Pa. Governor Urges Senators to Raise Gas Tax
Reminding lawmakers about the urgent need to rebuild the country's aging transportation network, former Pennsylvania Gov. Ed Rendell (D) told a key Senate panel on Jan. 29 that they need to raise fuel taxes.
January 29, 2015Gasoline Price Breaks Unprecedented 123-Day Losing Streak With Half-Penny Rise
Just when the U.S. was pennies away from reaching $2 a gallon at the pump, prices rebounded.
January 28, 2015Steep Drop in Gasoline Prices Diminishing, Lundberg Says
The average price of regular gasoline at U.S. pumps dropped 13.3 cents to $2.069 a gallon, as the plunge may be abating, according to Lundberg Survey Inc.
January 26, 2015Diesel Drops 6.7¢ to $2.866 a Gallon
Diesel’s average pump price fell 6.7 cents to $2.866 a gallon, continuing its seven-month downward trend, the Department of Energy reported.
January 27, 2015Trucking Industry to Congress: Raise Fuel Taxes
American Trucking Associations is calling on members of the 114th Congress to approve an increase of federal fuel taxes to fund infrastructure programs under a long-term highway bill this year.
January 26, 2015FMCSA to Address Uptick in Crashes in North Dakota’s Bakken Oil Region
The Federal Motor Carrier Safety Administration said it is addressing an increasing and disproportionate number of fatal large truck-involved crashes in North Dakota’s Bakken oil field counties.
January 26, 2015Diesel 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, 2015Fleet Failures at Record Low as Rates Rise, Fuel Declines
Fleet failures plummeted to an all-time low in the fourth quarter as higher rates and lower fuel prices pumped cash into the fleets that were in danger of failing, a new report said.
January 26, 2015House Transportation Leader: ‘Don’t Believe the Votes Are There’ For Gas Tax Increase
WASHINGTON — Rep. Bill Shuster (R-Pa.), chairman of the transportation policy committee in the House, said there is not enough congressional support to approve an increase of fuel taxes to pay for infrastructure projects vital to the trucking industry.
January 22, 2015