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

Retail Operations

NACS: Consumers and Retailers Push to Protect Swipe Fee Reform

In a newly released TV spot, the National Association of Convenience Stores (NACS) has captured the nature of an effort to repeal swipe fee reform.    “The Big Banks, in their continual effort to avoid transparency and chase government bailouts, are pushing Members of Congress to repeal swipe fee reform,” said Lyle Beckwith, Senior Vice ...

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NRF Asks Congress Not to Shift Tax Burden to Consumers

May 18, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NRF Asks Congress Not to Shift Tax Burden to Consumers

The National Retail Federation (NRF) urged Congress to focus on updating the existing federal income tax system through comprehensive reform rather than moving toward a consumption tax. Under either approach, Congress should reject a proposed $1 trillion...

Graduation Spending to Reach Record-High $5.6 Billion

May 18, 2017 • App Homepage, Retail OperationsComments Off on Graduation Spending to Reach Record-High $5.6 Billion

Consumers say they will spend more than ever on graduation gifts this year as they stuff greeting cards with gift cards and cash, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.   With...

Changes Have Arrived at Fuel Marketer News

May 17, 2017 • App Homepage, Business Management, Fleet Operations, Fuel Price News, Fuels & Supply, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Changes Have Arrived at Fuel Marketer News

As we announced at the end of March, Fuel Marketer News (FMN) would soon be taking advantage of a range of data offerings generated by our parent company, EPIC News+Data. That day has arrived. We have just made a wholesale pricing index available...

Weekly Energy Market Situation, May 15, 2017

May 15, 2017 • App Homepage, Fleet Operations, Fuel Price News, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, May 15, 2017

Crude Oil Prices Strengthen Calls to renew OPEC cuts are growing U.S. shale oil output exceeds expectations OPEC recognizes importance of shale oil in assessing global supply balances  EIA projects rising natural gas production in 2017   Sincerely,...

California Independent Oil Marketers Association Reports Bay Area Risks Tidal Wave of Convenience Store Closures

May 15, 2017 • App Homepage, Business Management, Retail OperationsComments Off on California Independent Oil Marketers Association Reports Bay Area Risks Tidal Wave of Convenience Store Closures

Hundreds of convenience stores and thousands of employees throughout the Bay Area are being threatened by legislation that would ban the sale of certain tobacco products.   “As an immigrant and business owner, I am deeply concerned by this attack...

Electric Vehicle Charging Infrastructure Market Worth $45.59 Billion by 2025

May 15, 2017 • App Homepage, Business Management, Retail OperationsComments Off on Electric Vehicle Charging Infrastructure Market Worth $45.59 Billion by 2025

The global electric vehicle (EV) charging infrastructure market is expected to reach $45.59 billion by 2025, according to a new report by Grand View Research, Inc. Governments across the globe are striving to encourage the adoption of EVs. Incentive...

EPA Approves PMAA’s Low Liquid Level Alternative Test Method for Sumps

May 12, 2017 • App Homepage, Retail Operations, Wholesale OperationsComments Off on EPA Approves PMAA’s Low Liquid Level Alternative Test Method for Sumps

The U.S. Environmental Protection Agency’s (EPA’s) Office of Underground Storage Tanks (OUST) announced this week that it has approved the Petroleum Marketers Association of America’s (PMAA’s) low liquid level integrity test as an alternative...

NACS Becomes First Retail Association to Make a Commitment with Partnership for a Healthier America

May 12, 2017 • App Homepage, Retail OperationsComments Off on NACS Becomes First Retail Association to Make a Commitment with Partnership for a Healthier America

The National Association of Convenience Stores (NACS), the association representing the nation’s 154,000-plus convenience stores, announced a new commitment with the Partnership for a Healthier America (PHA), becoming the first retail-association partner....

NRF Radio Ads Call on Congress to Preserve $40 Billion Debit Card Reform Law

May 12, 2017 • App Homepage, Retail OperationsComments Off on NRF Radio Ads Call on Congress to Preserve $40 Billion Debit Card Reform Law

The National Retail Federation (NRF) has announced the launch of an advertising campaign calling on the House to reject efforts to repeal debit card swipe fee reform that has saved retailers and their customers more than $40 billion and brought badly...