AAA Daily Fuel Gauge Report for Friday, 4/7/23
National Average Price for Regular Unleaded Current: $3.581; Month Ago: $3.417; Year Ago: $4.153. National Average Price for Diesel Current: $4.208; Month Ago: $4.376; Year Ago: $5.071.
https://gasprices.aaa.com/
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Sun Chemical and DIC Corporation to Increase Production Capacity of DAILUBE® Extreme Pressure Additives at Kashima Plant
Beginning in April 2018, Sun Chemical and its parent company, DIC Corporation, will increase the production capacity of its DAILUBE® extreme pressure additives by 6,000 tons per annum at its eco-friendly plant in Kashima, Japan. The move will better serve customers around the globe as well as promote and deliver its trusted and market leading sulfurized extreme pressure additives into new and existing markets. Optimized for metalworking fluids used in cutting, forming and rolling, DAILUBE extreme pressure additives are light in color, low odor and available in a range of chemistries, including olefin, lard, vegetable, ester, and fatty acid. Click Read More below for additional information.
ATA Truck Tonnage Index Contracted 1.1% in December
“For the first time since March and April truck tonnage contracted for two consecutive months,” said ATA Chief Economist Bob Costello. “Tonnage fell 1.8% in November, bringing the two-month total decrease to 2.9%, pushing tonnage to its lowest level since January 2024. Sluggishness in factory output continues to weigh on freight volumes, but another drag on the index has been fleet growth at private carriers, which is holding back how much freight is flowing to for-hire carriers.” In December, the ATA advanced seasonally adjusted For-Hire Truck Tonnage Index equaled 111.3 compared with 112.6 in November. The index, which is based on 2015 as 100, was down 3.2% from the same month last year. The not seasonally adjusted index, which calculates raw changes in tonnage hauled, equaled 108.8 in December, 0.9% below November. The seasonally adjusted decrease follows a sequential 1.8% drop in November, which was revised up from the December 24 press release.