The national average gasoline price has fallen to a six-month low at $2.76 for a gallon of unleaded fuel on the same day the U.S. reimposed sanctions on Iran, which haven’t driven prices high as the oil market has remained steady. The U.S. has granted China a waiver so that country can continue to purchase Iranian oil with the sanctions in place.
Industry News
Sedan wholesale values strengthen through 2018
Wholesale sedan values in 2018 have seen a reversal from years of decline. Retention rates for smaller sedans have held strong, and at certain points of the year, held stronger than their historically strong truck counterparts.
Drunk driving: 44% of fatalities on Halloween night
Halloween can be a deadly night on the nation’s roadways. From 2012-2016, 168 people lost their lives due to drunk driving on Halloween night, according to a new report form the National Highway Traffic Safety Administration (NHTSA).
LeasePlan USA partners with FLEETCOR for fuel card and vehicle maintenance programs
FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, announced today two new agreements that expand its relationship with LeasePlan USA, one of the world’s leading fleet management and driver mobility companies.
Illinois tollway considers wireless EV charging
Illinois’ tollway agency is considering whether to install wireless EV charging equipment on Interstate 294 that would enable electric vehicles (EVs) to charge up as they drive.
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