GulfMark Energy to Expand Oil Hauling Fleet With Red River Acquisition
Adams Resources & Energy Inc., the Houston-based corporate parent of oil marketing firm GulfMark Energy and petroleum and chemical hauler Service Transport Co., has agreed to acquire Red River Vehicle Holdings, a crude oil transportation firm operating in Oklahoma and Texas, for approximately $10 million.
August 20, 2018Beemac Trucking Wins Contract in Permian Basin
Eagle Pipe announced it has selected flatbed carrier Beemac Trucking and Logistics to handle all transportation and tubular management services for its new full-service Permian Basin stocking and trucking yard in Midland, Texas.
August 20, 2018Judge Orders New Federal Review of Keystone XL Pipeline
LINCOLN, Neb. — A federal judge has ordered the U.S. State Department to conduct a more thorough review of the Keystone XL pipeline’s proposed pathway after Nebraska state regulators changed the route, raising the possibility of further delays to a project first proposed in 2008.
August 16, 2018Former Pilot Flying J President Mark Hazelwood’s Sentencing Delayed
A federal judge has postponed the sentencing date for convicted former Pilot Flying J President Mark Hazelwood until Sept. 26.
August 16, 2018EPA Challenged Administration’s Safety Projections From Mileage Freeze
WASHINGTON — The Environmental Protection Agency privately challenged the Trump administration’s rationale for freezing Obama-era mileage standards, saying the proposal actually would increase U.S. highway deaths.
August 15, 2018US Retail Sales Rose at 0.5% Annual Rate in July
WASHINGTON — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth.
August 15, 2018Shipping-Fuel Rule Change Cuts Demand for Canadian Oil
New rules limiting the amount of sulfur allowed in shipping fuel is expected to cut demand for high-sulfur fuel oil and the sour crude that yields it. In Canada, that could extend — or worsen — the biggest price slump in nearly five years.
August 14, 2018Trump Trade Spat Threatens US LNG Exporters
PetroChina, a unit of the state-owned China National Petroleum Corp., may suspend its buying of U.S. liquefied natural gas cargoes during the colder months, just as new American LNG terminals start up.
August 14, 2018Will Your Next Truck Be a Plug-In?
Are electric vehicles poised to break through in commercial transportation? Episode 3 of RoadSigns has the answer. Click to listen.
August 13, 2018Diesel Slips 0.6¢ to $3.217
The U.S. average retail price of diesel inched down 0.6 cent to $3.217 a gallon while crude oil prices fell amid ongoing international currency and political issues that could sap demand.
August 13, 2018