Supply, Marketing, Distribution, Transportation & Logistics News & Information
October 2014 Issue

NACS/PEI 2014 Video: PEI’s Bob Renkes

October 22, 2014

Petroleum Equipment Institute Executive Vice President Bob Renkes provides his impression of the show, as well as giving a rundown on the equipment and...

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NACS Applauds White House Initiative to Require PIN Technology on Credit Transactions

October 17, 2014

The National Association of Convenience Stores (NACS), on behalf of the more than 151,000 convenience stores nationwide, applauds President Obama’s...

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    NACS/PEI 2014 Video: A look at the Fuels Institute

    October 22, 2014

    Fuels Institute Director John Eichberger and various Fuels Institute Pavilion participants discuss the new organization’s role and the capabilities of the alternative motor fuels in the market today....

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    Growth in Use of Transactional Risk Insurance

    October 15, 2014

    By Greg Cushard and Charles Sternberg, Lockton Transactional risk insurance products are increasingly being accepted by the merger and acquisition community as a strategic alternative to traditional negotiation tactics. The convenience and gas retailing industry is one of those sectors seeing growth in M&A opportunities. Today, the market demands that financial buyers invest more of ...

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    Energy, Transport and Technology—Reasons to Buy America

    October 3, 2014

    By Joe Petrowski Here is an illustrative example of why we could be on the cusp of another glorious quarter century that will rival the 1949-1974 period, when compounded annual growth exceeded 5%, the stock market tripled and unemployment never exceeded 6% (midnight for this Cinderella period was the first oil shock of 1974). A ...

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    Marketer Profile: High Power Hightower

    October 1, 2014

    Reprinted from Cincy Magazine with permission August 2014.   Two bookcases in the conference room of Hightowers Petroleum Co. are filled with plaques and awards the Middletown fuel distributor has won, but CEO Stephen Hightower points to one as “the Big Daddy” of them all. It’s the award Hightowers Petroleum Co. won last year from ...

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    Connecting with Conexxus

    September 24, 2014

    By Maura Keller Since 1995 Conexxus, formerly known as Petroleum Convenience Alliance for Technology Standards (PCATS), has been dedicated to the development and implementation of standards, technology innovation and advocacy for the convenience store and petroleum marketplace. As a non-profit, member-driven technology organization, Conexxus strives to improve profitability by reducing the cost of IT ownership ...

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    The Growing DEF Market – What’s Driving Consumption?

    September 17, 2014

    The North American DEF market is expanding rapidly; it is now almost unrecognizable from the market that emerged four years ago. Business models have evolved, the supply network is developing quickly and legislation is making increasingly stringent demands on the U.S. and the wider North American market. Fabricio Cardoso, Editor of Integer research’s new ‘DEF ...

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Weekly Energy Market Situation, Oct. 20, 2014

October 21, 2014

The Saudis Start a Price War October oil prices were pummeled by changes in both supply and demand for oil ULSD had a weekly range of fourteen cents Gasoline...

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2014 NACS Show Reaches Second-Highest Attendance, Sets Records

October 22, 2014

Attendance for the 2014 NACS Show increased 6.1% to reach 23,624 attendees, with 9,176 classified as buyers (retailers, grocery wholesalers and distributors)....


Steve Loehr Leads NACS Executive Committee

October 14, 2014

NACS announced the election of its 2014-15 Executive Committee during its Board of Directors meeting at the NACS Show in Las Vegas last week. Steve Loehr, vice...


New Survey: 1 in 9 Americans Worked at a Convenience Store

October 9, 2014

One in nine American adults has worked in a convenience store and they say that the experience gave them valuable experience in how to work with people, how to...


Kevin McKinney Elected Petroleum Equipment Institute President, Other Officers Announced

October 14, 2014

Kevin McKinney, president of McKinney Petroleum Equipment, Mobile, Ala., has been elected by the members of the Petroleum Equipment Institute (PEI) to serve as...


Platts Energy Week: EIA Sees Little Gasoline Price Impact from U.S. Oil Exports

October 14, 2014

A lifting of U.S. restrictions on crude oil exports likely will have no major effect on domestic gasoline prices, U.S. EIA head Adam Sieminski said Sunday on...