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

Business Management

NACS: Retailer Finds Four Skimmers in One Month

Local police in Charlotte, North Carolina, are trying to solve how one gas station became the victim of four skimming incidents within the same month, reports WSOC TV.   The news source reports that, according to Charlotte-Mecklenburg police reports, a worker servicing a pump found a skimming device on May 8. Four days later, two ...

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AFPM Promotes Moody and Hires Benedict from PHMSA

June 6, 2017 • App Homepage, Business ManagementComments Off on AFPM Promotes Moody and Hires Benedict from PHMSA

The American Fuel & Petrochemical Manufacturers (AFPM) promoted Geoff Moody to Vice President, Government Relations. Moody has been with the organization since 2012, when he joined the organization as Director, Government Relations.    In his...

Growth Continues as May U.S. Rig Count Increases 6% Over Prior Month

June 6, 2017 • App Homepage, Business Management, Fuels & SupplyComments Off on Growth Continues as May U.S. Rig Count Increases 6% Over Prior Month

Platts RigData, a forecasting and analytics unit of S&P Global Platts, announced that the U.S. rig count for May 2017 was 1,026, up 55 (6%) from April 2017, and up 581 (131%) from May 2016. This rig count includes U.S. onshore, U.S. inland waters and U.S....

Trump Adviser in Favor of a Gas Tax Increase, Shuster May Be Open to Tolling

June 6, 2017 • App Homepage, Business ManagementComments Off on Trump Adviser in Favor of a Gas Tax Increase, Shuster May Be Open to Tolling

White House Infrastructure Adviser Richard LeFrak expressed his support for an increase in the federal gas tax to help drum up the federal funding needed to secure $1 trillion in private and public investment for future infrastructure projects.  ...

API Welcomes House Support of North American Energy Markets

May 31, 2017 • App Homepage, Business Management, Fuels & SupplyComments Off on API Welcomes House Support of North American Energy Markets

American Petroleum Institute (API) President and CEO Jack Gerard welcomed a letter sent yesterday (May 30) signed by over 50 members of the U.S. House of Representatives to U.S. Trade Representative Lighthizer recognizing the benefits of North American...

NRF Welcomes Reports That House Will Drop Efforts to Repeal Debit Card Swipe Fee Reform

May 31, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NRF Welcomes Reports That House Will Drop Efforts to Repeal Debit Card Swipe Fee Reform

The National Retail Federation (NRF) welcomed reports that House Republican leaders plan to abandon an attempt to repeal debit card swipe fee reform that has saved retailers and their customers more than $40 billion and brought badly needed competition...

NACS: How Consumer Choices Will Affect the Transportation Market

May 31, 2017 • App Homepage, Business Management, Fuels & SupplyComments Off on NACS: How Consumer Choices Will Affect the Transportation Market

Most drivers habitually pull up to the pump when their tank is running low, choose their fuel option and refuel without much thought. So, it shouldn’t come as a surprise that one (yes, just one) barrier to electric vehicle (EV) adoption is that...

SNAP Proposals and Challenges

May 30, 2017 • App Homepage, Business Management, Retail OperationsComments Off on SNAP Proposals and Challenges

There are multiple reports regarding the Supplemental Nutrition Assistance Program (SNAP) that are of significance for convenience store operators.   Earlier this month, Congress passed a $1.1 trillion FY 2017, which included a provision that delayed the...

PMAA: Petroleum Marketers Storm Capitol Hill

May 30, 2017 • App Homepage, Business ManagementComments Off on PMAA: Petroleum Marketers Storm Capitol Hill

Nearly 300 petroleum marketers attended the highly successful PMAA Annual D.C. Conference and “Day on the Hill.” This year’s event occurred at a pivotal time in Washington with the new administration and the particularly timely movement of the...

U.S. DOT Announces Regulatory Reform Task Force and Officer

May 30, 2017 • App Homepage, Business ManagementComments Off on U.S. DOT Announces Regulatory Reform Task Force and Officer

The U.S. Department of Transportation (DOT) announced Deputy Secretary Jeffrey Rosen will serve as the department’s Regulatory Reform Officer and Chairman of the department’s Regulatory Reform Task Force (RRTF).   The RRTF was formed earlier this...