New U.S. safety regulations requiring truckers to work shorter shifts may cut productivity, worsen a driver shortage and boost freight costs for the $8.4 trillion in goods hauled each year by American big rigs.
Midwest gasoline extended its gain for a second day, rallying to the highest level versus futures since 2008, as a delay on Explorer Pipeline Co.’s line spurred concern that supplies will fall further in the region.
While he was encouraged to run by President Barack Obama, Democrat Richard Carmona spent the official first day of his Senate race against Republican U.S. Representative Jeff Flake touting endorsements from relatives of Senator Barry Goldwater.
Spot gasoline in the Gulf Coast rose as Western Refining Inc . and Valero Energy Corp . plants reported shutdowns and rate reductions that added to supply disruptions caused by a winter storm in Texas.