The busiest U.S. fuel pipeline is running below capacity, as Gulf Coast refiners get fatter margins exporting to Latin America than shipping to New York.
May 16, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Oil Advances as Shrinking US Gasoline Supply Brightens Outlook
Oil rose after a government report showed shrinking U.S. gasoline supplies, suggesting more demand ahead for crude as tensions flare in the Middle East.
May 15, 2019Diesel Drops 1.1¢ to $3.16 a Gallon; Oil Slides to $61 a Barrel
The U.S. average retail price of diesel fell 1.1 cents to $3.160 a gallon. Oil prices slipped to $61 a barrel as the United States and China imposed higher tariffs on the other’s goods, which chilled the outlook for demand.
May 13, 2019Lawmakers Mull Funding Options for $2 Trillion Infrastructure Deal
WASHINGTON — More than a week after President Donald Trump and congressional Democrats elevated a $2 trillion infrastructure package for lawmakers’ legislative agenda, stakeholders are speaking up about their funding preferences in advance of a planned meeting between the White House and transportation policymakers to discuss how to pay for the initiative.
May 9, 2019Lawmakers Introduce Bill to Repeal Federal Excise Tax on New Trucks
Two members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers.
May 7, 2019Diesel Climbs 0.2¢ to $3.171
The U.S. average retail price of diesel climbed 0.2 cent to $3.171 a gallon, as crude oil prices settled below $63 amid international tensions, the Department of Energy reported May 6.
May 6, 2019Agreement Solidifies First Victory for Trump’s Attempts at ‘Infrastructure Week’
The April 30 meeting between President Donald Trump and congressional Democrats produced an agreement on a $2 trillion infrastructure package. The next step, which will occur within the next three weeks, is to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.
May 6, 2019Minnesota Senate Strikes Proposed Fuel Tax Hike
A proposed 20-cent hike to the fuel tax did not survive the scrutiny of the Minnesota Senate, which passed a transportation finance bill May 1.
May 2, 2019Editorial: Dealmakers Strike a Big Deal
The $2 trillion infrastructure agreement President Donald Trump and congressional Democrats reached last week has been a long time coming, and we’re thrilled to see it. Voices on both sides of the aisle have maintained that infrastructure is a bipartisan issue. Seeing the top leaders from both parties agree on such a massive legislative effort indicated that those statements were more than just talk.
May 1, 2019Infrastructure Bill Should Pave Way for Modernization, Holmes Norton Says
The April 30Â announcement from House Democrats on an agreement with President Donald Trump to work on a $2 trillion infrastructure package elevated the profile of the subcommittee on Highways and Transit, and presents Del. Eleanor Holmes Norton with an opportunity to pursue a transformative vision not just for the District of Columbia, but the entire country.
May 1, 2019