Biodiesel tanker truck at Western Iowa Energy in Wall Lake, Iowa. Over 70% of U.S biodiesel capacity comes from Iowa, Missouri, Illinois and Indiana. (Iowa Biodiesel Board via Flickr) U.S. biofuel production is burgeoning in the race to meet federal and state government mandates to lower heavy truck emissions. First-ever biofuel achievements have been recorded ...more
At an average cost of $5.97 a gallon, California's diesel price is 43.5 cents higher than the next most expensive region. (Aziz Shamuratov/Getty Images) The national average diesel price kept on its upward course, climbing 4.8 cents to reach $4.54, according to Energy Information Administration data released Sept. 11.HighlightsDiesel’s average price has risen for eight ...more
At an average cost of $5.97 a gallon, California's diesel price is 43.5 cents higher than the next most expensive region. (Aziz Shamuratov/Getty Images) The national average diesel price kept on its upward course, climbing 4.8 cents to reach $4.54, according to Energy Information Administration data released Sept. 11.HighlightsDiesel’s average price has risen for eight ...more
Alvin Brown speaks at his nomination hearing June 21. (commerce.senate.gov) Two months after a panel advanced his nomination to join the National Transportation Safety Board, Alvin Brown awaits consideration before the full Senate. The chamber’s Democratic leadership has yet to schedule a floor vote on his nomination. The former mayor of Jacksonville, Fla., tapped to ...more
A warehouse being used as a disaster relief hub. (Amazon) When Abe Diaz woke up one February morning, his mind was in Turkey. Working for Amazon from his Kenmore, Wash., home, Diaz was dreaming of ways to speed up the delivery process — but he wasn’t thinking about typical online shoppers. Instead, he was searching ...more
The judge ruled that “Old Dominion has met its burden of showing that [the plaintiff] was not individually harmed, and therefore lacks standing." (Old Dominion Freight Line) A federal District Court judge has dismissed a lawsuit filed against Old Dominion Freight Line Inc. over the administration and pricing of its retirement plan offerings. The lawsuit ...more
(Luke Sharrett/Bloomberg) Kroger Co. and Albertsons Cos. agreed to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for their $24.6 billion merger. C&S will pay $1.9 billion in cash for the stores, which are mostly located in the West and middle of the country, the companies said ...more
(Tim Boyle/Bloomberg) UPS Inc. will raise prices 5.9%, to take effect on Dec. 26. The higher average price “helps to support ongoing expansion and capability enhancement,” UPS said on its website. Rival FedEx Corp. will boost shipping rates by the same amount on Jan. 1. UPS and FedEx rank No. 1 and No. 2, respectively, ...more
(Flexport via YouTube) Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6, a person familiar with the matter said. Carlson was hired at the start of this year as president and chief commercial officer for the logistics ...more
Freight train cars sit in a Norfolk Southern railyard in Atlanta. (Danny Karnik/AP/file) OMAHA, Neb. — Companies that have plants and facilities served by only one railroad may soon be able to get a bid from another railroad if their current service is bad enough under a new rule that was proposed Sept. 7 to ...more
