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, 2014Rep. 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’s transportation system.
December 2, 2014Fleets 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, 2014Diesel Average Falls 3.3¢ 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, 2014Diesel Price Drops 3.5¢ 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, 2014Voltmann: $100 Billion a Year Needed for Infrastructure
NASHVILLE, Tenn. — 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, 2014Consumers 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, 2014Diesel Avg. Falls 2.5¢ to $3.869, Lowest Level Since November
The U.S. diesel average fell 2.5 cents last week to $3.869 a gallon, the lowest level since just before Thanksgiving, the Department of Energy reported.
July 28, 2014Fleets Plan More Leasing, Alt-Fuel Use, Survey Shows
About a quarter of companies expect to increase the size of their fleets in the next 12 months, with leasing being the most popular choice for obtaining new vehicles, according to a recently released survey by GE Capital.
July 7, 2014Diesel Dips 1¢ to $3.882; Oil Up on Violence in Iraq
The national retail diesel average fell for a seventh straight week and the 12th time in the past 14 weeks, the Department of Energy reported, but analysts said that could soon come to an end as concern over violence in Iraq has pushed up prices for oil and diesel futures.
June 23, 2014