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Operations

Angus Finance Hires a Director and a Financial Analyst

Rashaan Baskerville has joined the Angus Finance advisory team as director. Baskerville is experienced in budgeting, cash flow analysis and operational review in the energy services field, Jeff Simpson, managing director, said in announcing the hire. In addition, Stephen Smith has joined Angus Finance as a financial analyst. Smith has more than 20 years of experience in financial planning and reporting. Angus ...

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FMCSA Seeking Comment on Diabetes Proposal through Nov. 8

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The Federal Motor Carrier Safety Administration is asking for public comment on proposed medical guidelines for drivers with diabetes mellitus to operate commercial motor vehicles. Diabetes mellitus is a disease manifested by the body’s inability to maintain normal function of insulin, a substance that controls glycemic levels in the blood, the Agency said in a notice in the Federal Register. ...

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Trucking Leader Calls R.I. Tolls Plan ‘Extortion’

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American Trucking Associations President Chris Spear called Rhode Island Gov. Gina Raimondo’s trucks-only tolls plan “extortion” in a meeting in Riverside, R.I., according to news reports. The plan, under the name RhodeWorks, would require commercial trucks to pay $3 at each of 14 toll booths around the state, up to a maximum of $20 per day, reported Transport Topics, a ...

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Tank Utility Raises $2.2 Million in Funding

Tank Utility, a service provider of remote monitoring for truck-delivered fuels, announced that it closed on $2.2 million in seed funding. Subscribing were venture capital firms Energy Foundry and Blue Fog Capital, along with Generac Power Systems and Bolt, according to an Aug. 30 statement issued by Amos Epstein, co-founder and CEO of Tank Utility, based in Boston, Mass. The ...

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DOT Proposes Speed Limiters for Large Commercial Vehicles

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U.S. Transportation Secretary Anthony Foxx announced that the Department’s National Highway Traffic Safety Administration (NHTSA) and Federal Motor Carrier Safety Administration (FMCSA) propose equipping heavy-duty vehicles with devices that limit their speeds, and requiring those devices be set to a maximum speed, a safety measure that could save lives and more than $1 billion in fuel costs each year. “There ...

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AEC Focuses on Marketing and Fundraising

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By Thomas J. Tubman It is hard to believe that we are more than halfway through 2016, and by the time you read this, the year will be nearly two-thirds into the history books. It has been a busy time for the American Energy Coalition, so I thought I would use this month’s column to update you on the AEC’s ...

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Close-up: Specing a Propane Crane Truck

By Stephen Bennett “The biggest mistake fuel oil people make when they go into the propane business is they buy too small a truck with too small a crane,” said Roger Smith of Kurtz Truck Equipment, Marathon, N.Y. A service truck with a crane is needed for installing propane tanks above the hundred-gallon size, Smith said. The cost of a ...

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Wells Fargo Survey: Small Business Optimism Inches Upward in Q3

Small business optimism improved slightly in the latest Wells Fargo/Gallup Small Business Index, yet overall it has remained relatively stable throughout 2016. In the quarterly survey, which measures the optimism of small business owners and was conducted July 6-12,, the overall Index score increased slightly to 68 from 64 in April. This represents the highest optimism reading since January 2015 ...

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Business Owners: Staffing is Top Challenge

Small business owners report that hiring and retaining talent is their most significant business challenge, according to a quarterly survey by Vistage Worldwide. Vistage, a global organization that assembles and facilitates private advisory boards for CEOs, conducts a quarterly survey covering a variety of small business topics. More than one-third of the 1,300 respondents cite staffing as the most significant ...

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Survey: Small Businesses, Middle Market Companies Agree Growth is Priority

Small businesses and middle market companies in the U.S. are in growth mode, according to the American Express Business Growth Pulse. The survey found that 92% of middle market firms ($10M -$1B in revenues) and 80% of small businesses with less than 100 employees and at least $250,000 in revenue say growth is the top priority for their firms. A ...

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