A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running 鈥渉ot fuel鈥 case, after giving preliminary approval to settlements with 28 oil and fuel retailers.
January 29, 2015Fuel
Diesel Falls Again to Close Year at $3.213
The average price of U.S. retail diesel fell 6.8 cents a gallon for the final week of the year to $3.213, the U.S. Department of Energy said Dec. 29.
December 29, 2014Fuel
Diesel Average Drops 11.6垄 To Lowest Since Jan. 2011
The U.S. retail diesel average continued its downward push last week, plummeting 11.6 cents a gallon to $3.419, the lowest since January 2011, the Department of Energy reported.
December 22, 2014Fuel
Oil Rout Puts $24 Billion of Truck Fuel Savings in Play
As shippers of everything from toys to tools enjoy as much as $24 billion in savings from lower diesel surcharges next year, trucking companies see an opening to raise freight rates at a pace not seen in about a decade.
December 11, 2014Government, Fuel, Business
Rep. Petri Supports Bill That Would Raise Fuel Taxes
Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation鈥檚 transportation system.
December 2, 2014Fuel
Fleets Deploy Fuel-Saving Technologies Designed to Curb Wasted Miles, Time
Maximizing fuel economy requires a lot more than a light touch on the accelerator pedal; it demands scrutiny of every mile and every moment that a truck is on the road. And factory-installed technologies and those installed on trucks from the aftermarket can help fleets do just that, executives and managers said.
December 1, 2014Fuel
Diesel Average Falls 3.3垄 to $3.628
The U.S. retail diesel average fell 3.3 cents to $3.628 a gallon last week as the Midwest continued to recover from a brief price spike in November, the Department of Energy reported.
December 1, 2014Fuel
Diesel Price Drops 3.5垄 to $3.698; Gas Plunges as Oil Hits 2-Year Low
The U.S. diesel average fell 3.5 cents to $3.698 a gallon last week, the Department of Energy reported, while oil prices plunged to the lowest level in more than two years.
October 20, 2014Fuel, Business
Voltmann: $100 Billion a Year Needed for Infrastructure
NASHVILLE, Tenn. 鈥 Congress needs to raise fuel taxes in upcoming legislation, then deal with the longer-term problem of finding a new way to fund highway infrastructure, the president of the Transportation Intermediaries Association said Sept. 23.
September 23, 2014Business, Fuel
Consumers Support Increased Fuel Economy in Heavy-Duty Trucks, Study Finds
Almost three quarters of American consumers support requiring truck manufacturers to raise the fuel economy of heavy-duty trucks, according to a recent report.
August 11, 2014