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Supply, Marketing, Distribution, Transportation & Logistics News & Information
May 2017 Issue

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NACS: How U.S. Convenience Retailers Can Stay Ahead of the Pack

Compared with adjacent retail channels, U.S. convenience stores have boasted relative strength and sales growth in recent years. Built on the premise of speed, convenience stores are modeled to deliver on specific consumer needs that competing channels don’t yet address fully.   While Nielsen research suggests that the strength of convenience stores...

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EIA: Gasoline Prices Ahead of Memorial Day Are Higher Than 2016, but Second Lowest Since 2009

May 26, 2017 • App Homepage, Fuels & SupplyComments Off on EIA: Gasoline Prices Ahead of Memorial Day Are Higher Than 2016, but Second Lowest Since 2009

Principal Contributor: Matthew French     Gasoline prices heading into Memorial Day weekend average $2.40 per gallon (/gal) nationally, up from last year’s price of $2.30/gal. Despite the year-over-year increase, 2017 marks the second-lowest...

NACS: Will Robots Take Over Retail Jobs?

May 26, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NACS: Will Robots Take Over Retail Jobs?

Retailers have long had self-checkout lanes, but lately, more are embracing other automatic technology, such as proximity beacons and robot shelf stockers. That means companies will need fewer employees in the near future, leaving up to 7.5 million jobs at...

May 26, 2017: OPEC True to Its Word, but Market Still Disappointed

May 26, 2017 • App Homepage, FP Daily, Fuel Price NewsComments Off on May 26, 2017: OPEC True to Its Word, but Market Still Disappointed

Analysis by Dr. Nancy Yamaguchi   Market prices have been volatile all week, as OPEC and non-OPEC members met in the days leading up to yesterday’s formal session in Vienna, and various announcements were made along the way. The announcements were...

Five Students Win PEI Kemp Scholarships

May 25, 2017 • App Homepage, Business ManagementComments Off on Five Students Win PEI Kemp Scholarships

Five outstanding students have won the Petroleum Equipment Institute (PEI) Foundation’s Charles D. Kemp Scholarships for the 2017 – 2018 academic year, PEI announced.   Scholarship recipients are: Koral Tolifson, daughter of Chris Tolifson,...

RFA Congratulates Governor Branstad on Senate Approval to be U.S. Ambassador to China

May 25, 2017 • App Homepage, Business ManagementComments Off on RFA Congratulates Governor Branstad on Senate Approval to be U.S. Ambassador to China

The U.S. Senate gave final approval to the nomination of Iowa Governor Terry Branstad to be U.S. Ambassador to China. Renewable Fuels Association (RFA) President and CEO Bob Dinneen had the following comment:   “The RFA congratulates Governor Branstad...

AFPM Taps Edelman’s Zarraby to Head Communications

May 25, 2017 • App Homepage, Business ManagementComments Off on AFPM Taps Edelman’s Zarraby to Head Communications

The American Fuel & Petrochemical Manufacturers (AFPM) announced that Jaime Zarraby will join the organization as Senior Vice President, Communications.   “We are thrilled to add someone with Jaime’s talent and expertise to AFPM’s leadership...

Massachusetts Petroleum Council Hires David O’Donnell as Associate Director

May 25, 2017 • App Homepage, Business ManagementComments Off on Massachusetts Petroleum Council Hires David O’Donnell as Associate Director

Massachusetts Petroleum Council (MPC) announced David O’Donnell as the new Associate Director for the American Petroleum Institute’s (API’s) division in Massachusetts.   “O’Donnell has a strong background in promoting economic and job...

NRF: Retail CEOs Travel to Washington to Tell Lawmakers “Yes” on Tax Reform, “No” on BAT

May 25, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NRF: Retail CEOs Travel to Washington to Tell Lawmakers “Yes” on Tax Reform, “No” on BAT

The National Retail Federation (NRF) is bringing 20 retail executives from businesses large and small to Washington to meet with key administration officials and congressional leaders to try to keep a proposed $1 trillion border adjustment tax (BAT) out...

Englefield, Inc. Leverages EMV and Gilbarco Technologies to Attract Customers

May 25, 2017 • App Homepage, Business Management News, Retail Operations NewsComments Off on Englefield, Inc. Leverages EMV and Gilbarco Technologies to Attract Customers

Englefield, Inc., an Ohio-based provider of fuel and lubricants, chose to standardize its c-store and forecourt infrastructure with Gilbarco’s EuroPay, MasterCard, Visa (EMV) solutions, including the Passport Px60 platform and new Encore 700S dispensers...