WASHINGTON — Transportation Secretary Anthony Foxx said the Obama administration still believes there is a better way to raise the money needed to upgrade the nation’s highway infrastructure than to raise the federal fuel tax.
February 20, 2014Search
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Wal-Mart Unveils Concept Design for Rig With Hybrid Power, Lightweight Materials
Wal-Mart Stores Inc. has unveiled a concept tractor-trailer that includes a hybrid-electric powertrain and the first-ever trailer made from a solid sheet of lightweight carbon fiber.
February 24, 2014
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
US to Tighten Fuel Rules
President Obama last week said he would seek an additional set of carbon-dioxide emissions and fuel-economy improvements for heavy- and medium-duty trucks that would go beyond standards that take effect this year and in 2017.
February 24, 2014Industry Reacts Quickly to Obama’s Truck Emissions Proposal
Reaction to President Obama’s call for tighter carbon dioxide emissions rules for trucks poured in quickly with the first wave of comment generally offering approval, although there were also calls for caution, including from American Trucking Associations.
February 19, 2014Senators Sponsor Bill to Reinstate Biodiesel Tax Credit
Sens. Maria Cantwell (D-Wash.) and Chuck Grassley (R-Iowa) have introduced a bill that would reinstate the $1-per-gallon tax credit for biodiesel producers that expired last year.
February 18, 2014Plaintiffs Dismiss ‘Hot Fuel’ Cases
The plaintiffs in a set of 2006 cases against fuel retailers for selling “hot fuel” have dismissed the cases, the Kansas City Business Journal reported.
February 18, 2014Diesel Rises 1.2 Cents a Gallon to $3.989; Gasoline Up 7.1 Cents
U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations.
February 19, 2014Diesel Jumps 2.6¢ to $3.977
The U.S. diesel average rose 2.6 cents last week to $3.977 a gallon, the third straight increase that has pushed prices up more than a dime, the Department of Energy reported.
February 17, 2014Diesel to Average $3.83 This Year, DOE Says
The Department of Energy raised its outlook for 2014 U.S. retail diesel prices by 2 cents to $3.83 a gallon, the second straight month in which it projected an increase.
February 11, 2014Gasoline Price Dips Slightly in Lundberg Survey
The average U.S. retail price of a gallon of gasoline was $3.294 on Feb. 7, a slight decrease from two weeks prior, according to Lundberg Survey Inc.
February 10, 2014