More States Increasing Fuel Taxes to Make Overdue Highway Repairs
A flurry of activity in statehouses to generate additional revenue for highway funding continued last week, as one governor signed legislation to increase fuel taxes and a second said he plans to sign a similar bill.
March 23, 2015US Diesel Average Declines 2.7¢ to $2.917; Gasoline Dips as Crude Oil Hits 6-Year Low
The U.S. retail diesel average declined 2.7 cents a gallon last week to $2.917, the Department of Energy reported, snapping a streak of five weekly increases.
March 23, 2015Secretary Anthony Foxx, Rep. Bill Shuster: Gas Tax Increase Unlikely This Year
WASHINGTON — Two of the country’s top transportation leaders reaffirmed their opposition to raising fuel taxes to keep highway programs funded for several years, a setback for proponents of increasing the user fees, including trucking industry leaders.
March 19, 2015Diesel National Average Declines 2.7¢ to $2.917, Ending String of Price Increases
The average U.S. retail diesel price declined 2.7 cents to $2.917 per gallon, snapping a streak of five weekly price increases, the Department of Energy reported March 16.
March 17, 2015Quick Take: Oil Prices May Have Further to Fall
Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.
March 17, 2015Speed Limits May Not Stop Fiery Oil Spills, Rail Chief Says
Lower speed limits for railroads may be ineffective at keeping oil trains on the tracks and preventing massive fireballs, such as those triggered in a series of recent derailments, the chief U.S. railroad regulator said.
March 16, 2015Goodyear Rolling Out New Fuel Max Line; Says Tires Provide Fleets Additional Savings
SAN ANGELO, Texas — The Goodyear Tire & Rubber Co. is out to prove its engineering research and product development efforts can lead to financial savings for fleet customers.
March 16, 2015High Court Sides With Ala. in Fuel-Tax Case
The U.S. Supreme Court ruled Alabama should have an opportunity to substantiate its long-standing practice of issuing a fuel sales tax on railroads but not competitors in the trucking industry.
March 16, 2015Diesel Average Rises 0.8¢ to $2.944 as Warmer Weather Slows Increase
A gradual thawing out from the recent blast of cold weather that engulfed much of the United States helped slow the retail diesel and gasoline price increases last week, the Department of Energy reported.
March 16, 2015TravelCenters of America Profit Nearly Triples
TravelCenters of America, the only publicly traded truck stop operator, capitalized on a 65% improvement in fuel-sale profit margins to nearly triple net income to $34.3 million, or $0.91 per share.
March 13, 2015