Latest News Updates From Michael G. Malloy

Business, Fuel

Diesel Price Rises for Fifth Week, Gaining 2.6¢ to $2.904

Diesel’s national average price rose for a fifth consecutive week, climbing 2.6 cents to $2.904 a gallon, the Department of Energy reported May 18.

May 18, 2015
Business

Watkins & Shepard, Bay & Bay Boost Driver Pay

Two truckload carriers announced they are boosting their drivers’ pay.

May 15, 2015
Business

Premier Trailer Leasing Buys Baltimore-Based Vallerie Service Co.

Premier Trailer Leasing said it acquired the assets of Baltimore-based Vallerie Service Co., a provider of trailer and container rental and leasing services with about 1,200 semitrailers and 200 containers.

May 13, 2015
Business, Fuel

DOE Boosts 2015 Diesel-Price Forecast But Lowers 2016 Outlook

The Department of Energy bumped its forecast for 2015 diesel prices up by 2 cents to $2.88 a gallon, but lowered its 2016 forecast by 12 cents.

May 12, 2015
Business, Fuel

Diesel Average Rises 2.4¢ to $2.878 a Gallon in Fourth Straight Increase

Diesel’s national average price rose for the fourth straight week, climbing 2.4 cents to $2.878 a gallon, the Department of Energy reported May 11.

May 11, 2015
Special Coverage, Business

Clean Energy Showcases LCNG Station at Dillon Transport’s Dallas Terminal

DALLAS — Clean Energy Fuels Corp. showcased its station that sells both liquefied and compressed natural gas as part of a May 7 tour at the tail end of this week’s ACT Expo.

May 7, 2015
Special Coverage, Business, Logistics

Texas Lawmaker Backs State Programs That Promote Natural Gas, Alternative Fuels

DALLAS — A Texas state lawmaker said he backs incentives that increase the use of natural gas and other alternative transportation fuels.

May 7, 2015
Special Coverage, Business

Penske Adding More Natural-Gas Maintenance Facilities

DALLAS — Penske Truck Leasing expects to add 10 to 15 new natural-gas maintenance facilities this year, bringing its total to 30 to 35 by year’s end, company officials said.

May 7, 2015
Special Coverage, Business

Carrier Panel Shows Differing Views on LNG, CNG Fuel Choices

DALLAS — Several trucking executives gave their reasons for changing some of their fleet operations to either compressed or liquefied natural gas, and said they were backers of the alternative fuels for reasons ranging from economic to sustainability.

May 6, 2015
Special Coverage, Business

Trucking Executives on Panel Express Cautious Optimism for Natural Gas

DALLAS — Several trucking industry executives said they see a future for natural gas as a viable fuel for the industry despite relatively low oil prices.

May 6, 2015