AAA Daily Fuel Gauge Report for Friday, 1/24/25
National Average Price for Regular Unleaded Current: $3.133; Month Ago: $3.041; Year Ago: $3.096. National Average Price for Diesel Current: $3.688; Month Ago: $3.507; Year Ago: $3.920.
https://gasprices.aaa.com/
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UPS Acquires Andlauer Healthcare Group for $1.6 Billion, Accelerating Its Expansion as a Global Leader in Complex Healthcare Logistics
UPS announced that it has completed the acquisition of Andlauer Healthcare Group Inc. , a leading North American supply chain management company headquartered in Canada and offering customized third-party logistics and specialized cold chain transportation solutions for the healthcare sector. Under the terms of the acquisition, AHG shareholders receive CAD $55.00 per share in cash, representing a total purchase price of approximately CAD $2.2 billion (USD $1.6 billion).
This acquisition underscores UPS’s commitment to providing global specialty capabilities as a leading provider of complex healthcare logistics. With the addition of AHG’s specialized cold chain network and expertise, UPS Healthcare customers will benefit from reduced transit times, enhanced end-to-end visibility, deepened global reach, and leading quality assurance.
Oil Slips as U.S. Product Stockpiles Build, Traders Take Profit
Crude had risen since late last week as tensions in Iraq, OPEC’s second-largest producer, led to the halt of production at two Kirkuk fields. The resulting export curbs pushed oil in the U.S. to a three-week high on Wednesday but Brent has failed to breach last month’s peak and dropped below $58 following the inventory data. Prices reflect “oil bulls taking profit after the supply disruption in Iraq failed to drive Brent to new highs,” said Ole Hansen, head of commodity strategy at Saxo Bank A/S. “It’s a classic risk-off move. On balance, I believe yesterday’s EIA report was net bearish.” U.S. gasoline inventories expanded by 908,000 barrels last week, while distillate supplies climbed to 134.5 million barrels, according to the Energy Information Administration. Refinery utilization slipped as plants including Exxon Mobil Corp.’s Joliet refinery in Illinois were said to carry out maintenance. Click Read More below for additional information.