Archive for September 5th, 2019

Diesel Price Falls for Eighth Consecutive Week, Down 0.7¢ to $2.976 a Gallon

The U.S. average retail price of diesel dropped 0.7 cent to $2.976 per gallon, the Department of Energy reported Sept. 3, as the price of crude dropped 2% amid the ongoing U.S.-China trade dispute. The price of diesel has fallen for eight consecutive weeks since July 15, when trucking’s main fuel cost $3.051 per gallon.

Amazon introduces first OLED TV with built-in Alexa

Look out Roku, Amazon’s Fire TV streaming system is coming to more products than ever. The retail giant just dropped 15 new Fire TV-equipped gadgets on attendees at the IFA show in Berlin. Most of them are televisions destined for Europe and the UK — including the first OLED TV with Fire TV, which will […]

Intermodal chassis tariff divides truckers, US manufacturers

A tariff exclusion request for intermodal chassis from China has been welcomed by U.S. fleets and leasing companies, but the request is pitting some US trailer manufacturers against the biggest chassis builder in the industry. The Section 301 exclusion request by the American Trucking Associations was posted August 15, and the comment period closed August 29.

Maritime regulators to weigh opposing views on port automation

The agency responsible for the health of the U.S. maritime sector will be considering the role that labor and politics play in automating port operations. In comments submitted to the U.S. Maritime Administration (MarAd), Daniel Reiss, president of Automated Terminal Systems (ATS), said that it’s a mistake for terminal operators and port authorities to appease […]

Tyson Foods invests in plant-based shrimp company

After selling its stake in Beyond Meat in the spring, Tyson Foods’ next bet is on plant-based shellfish. Tyson Ventures, the venture capital arm of the meat processing company, is investing in New Wave Foods. Tyson Ventures CFO Tom Mastrobuoni declined to discuss the financial terms of deal but said that Tyson took a minority […]