
May Fuel Update: Prices Spike Again Across the Nation
Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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The average price fell for the second consecutive week. Gasoline is 8 cents lower than it was for the same week a year ago, according to federal data released Monday.
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The national average price of gasoline fell 2.1 cents to $3.272 per gallon for the week ending Dec. 2, remaining near a low for 2013.
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Volkswagen de Mexico announced a new investment of $118 million to mark the start of the second stage of its engine plant located in the Guanajuato Puerto Interior industrial park.
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Strategic consultants analyzed data from Donlen's pool of fleet vehicles, including internal vehicle segment code, usage data from the Fleet MasterCard for fuel purchases, and vehicles with purchased gallons associated with valid mileage entries.
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The national price of gasoline rose 7.4 cents to $3.293 a gallon for the week ending Nov. 25, a second straight weekly uptick after falling to a nearly three-year low.
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Fuel is one of the largest expenses associated with owning and operating a fleet, typically, second only to asset acquisition and depreciation. Here are some strategies to mitigate the effects of fuel price fluctuations and increases without impacting service levels.
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The U.S. Environmental Protection Agency proposed reducing the amount of ethanol that's required to be blended with gasoline Friday for the first time since a 2007 law setting aggressive targets for the corn-based fuel.
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The national average price for gasoline continued its decline, falling 7.1 cents to $3.194 for the week ending Nov. 11, reaching its lowest level in almost three years.
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Hitachi Capital Commercial Vehicle Solutions has teamed up with bodybuilder Solomons to develop a prototype refrigerated box van for Cornwall, UK-based bakery manufacturer Ginsters.
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Operating costs for fuel, replacement tires, maintenance/repairs, and preventive maintenance (PM) oil drains were flat in the 12 months ending August 2013 compared to the prior 12 months.
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