WASHINGTON — A small change in the limit for ground-level ozone emissions could lead to wide-scale noncompliance of environmental rules and could lead to the federal government’s yanking funding commitments for infrastructure projects, business groups said.
July 27, 2015BusinessFuel
Oil Price Falls Into Bear Market Territory
Brent crude oil futures on July 23 settled at their lowest price since April, and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness.
July 23, 2015BusinessLogisticsFuelGovernment
Diesel Average Falls 3.2¢ to $2.782 Per Gallon; Eighth Consecutive Weekly Drop
Diesel’s national average price declined for the eighth consecutive week, dropping 3.2 cents to $2.782 per gallon, according to a report from the Department of Energy on July 20. The average price of gasoline fell by the identical amount.
July 20, 2015BusinessFuel
Crude Falls Below $50 for First Time Since April on Glut Concerns
Crude slumped below $50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will climb, extending a global glut.
July 20, 2015GovernmentBusinessSafetyFuel
Stemco Unveils DataLogger to Test Fuel Efficiency
Stemco announced that it has created a test showing fuel-efficiency gains from using its TrailerTail technology.
July 20, 2015BusinessFuelEquipment
Michelin Offers New Single Trailer Tire
Michelin Americas Truck Tires is introducing the X One Multi Energy T wide-base single trailer tire in the 455/55R22.5 size.
July 20, 2015BusinessFuel
Brent Crude Holds Losses as Iranian Supply Counters Drop in US Rigs
Brent crude held losses after a third weekly decline as investors weighed the prospect of increased Iranian supplies against a drop in U.S. drilling rigs.
July 20, 2015BusinessFuelEquipmentSafetyGovernmentTechnology
OEMs Expand Air Disc Brake Offerings; Cost, Maintenance Concerns Slow Adoption
After years of accounting for just a single-digit share of the heavy-truck brake market, air disc brakes are enjoying double-digit growth, and suppliers are optimistically predicting the systems will capture a quarter of the foundations brake market within a few years.
July 20, 2015BusinessFuelGovernmentLogistics
Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.
Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.
July 20, 2015FuelGovernmentBusinessLogistics
Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply
The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.
July 20, 2015