Worthington Industries said it has acquired Trilogy Engineered Solutionsâ compressed natural gas fuel technology for heavy-duty trucks. Terms of the transaction were not disclosed.
November 4, 2015Search
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3Q Intermodal Freight Growth Slows to 3.4%; Fuel Prices, Capacity Stunt Domestic Business
Growth in truck-rail freight slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.
November 9, 2015Michigan OKs Fuel Tax Increase in $1.2 Billion Infrastructure Plan
After making little progress for months in producing a bipartisan highway bill, both chambers of the Michigan Legislature passed two bills not long before midnight Nov. 3 that eventually will deliver $1.2 billion for the stateâs roads.
November 9, 20153Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity
Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.
November 9, 2015BP Says Technology Can Keep Oil and Gas Abundant, Affordable
Technology can be used to increase the worldâs proven oil and gas reserves by two-thirds â almost double the amount needed to meet demand through 2050 â keeping energy supplies plentiful and affordable, according to BP.
November 3, 2015Rep. Earl Blumenauer Aims to Raise Fuel Tax by 15 Cents
As the House of Representatives begins to consider long-term transportation legislation, Rep. Earl Blumenauer (D-Ore.) plans to offer an amendment to the $325 billion bill that would raise the federal fuel tax by 15 cents a gallon.
November 2, 2015National Diesel Average Falls 1.3Âą to $2.485
The average price of diesel fuel in the United States declined 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.
November 3, 2015Rhode Island Trucking Association Offers Alternative to Gov. Raimondoâs Plan
When Rhode Island Gov. Gina Raimondo announced her transportation plan based on truck tolling Oct. 8, Rhode Island Trucking Association President Chris Maxwell called RhodeWorks âridiculous.â
October 28, 2015US Plans to Sell Down Strategic Oil Reserve to Raise Cash
The United States plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached Oct. 26 by the White House and top lawmakers from both parties.
October 27, 2015Oil at $50 Is âGift to Worldâ Says OPEC Member
Oil at $50 a barrel is a âgift to the worldâ as prices should be low enough to spur economic growth, according to the head of Abu Dhabiâs Department of Economic Development.
October 26, 2015