AAA Daily Fuel Gauge Report for Friday, 6/26/20

With increasing demand in the printing industry for equipment that enables more frequent and faster job changes on press, Flint Group officially launches the new rotec® ULW Bridge to join the lightweight family of sleeves and adapters. The rotec® ULW Bridge is an ultra lightweight polyurethane adapter offering up to 65% reduction in weight compared to similar products in the market – a significant weight decrease improving safety and handling for press operators. Developed together with customers, this new generation adapter has been validated in applications on plate-mounting equipment and on presses running up to 450 m/min for the last 1-2 years. Ralf Venema, Flint Group General Manager explains: “Our Product Development Team is focused on developing products to help the customer work smarter, faster and easier. The rotec® ULW Bridge is an excellent solution for improved safety and easier handling at the printer.” The rotec® ULW Bridge is suitable for all press widths and offers particular benefits where higher wall thicknesses are most commonly used, such as in cantilevered mounter applications and unusually large print applications, including corrugated pre-print. Click Read More below for additional information.

American Trucking Associations joined an event at the White House highlighting new public-private initiatives designed to grow the trucking industry’s workforce and bolster the U.S. supply chain. Nine professional truck drivers and nearly two dozen CEOs from ATA-member companies were in attendance. ATA President and CEO Chris Spear issued the following statement prior to the event: “Investing in our workforce never stops. It’s a constant. Our industry needs an additional 80,000 commercial truck drivers if we’re to meet consumer demand. We welcome the support of all elected officials as we recruit and train more talent into this critical industry. Recognizing our dedication to training and safety, the Departments of Labor and Transportation have worked quickly and efficiently in approving ATA as a registered apprenticeship sponsor. This long-sought designation provides our member companies valuable new tools and resources to help recruit and train the next generation of trucking talent."

Gasoline surged to the highest in two years and oil declined as flooding from Tropical Storm Harvey inundated refining centers along the Texas coast, shutting more than 10 percent of U.S. fuel-making capacity. Motor fuel prices rose as much as 6.8 percent, while New York oil futures slipped 0.9 percent. Harvey, the strongest storm to hit the U.S. since 2004, made landfall as a hurricane Friday, flooding cities and shutting plants able to process some 2.26 million barrels of oil a day. Pipelines were closed, potentially stranding crude in West Texas and interrupting gasoline supply. Click Read More below for more of the story.