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| Thursday April 5, 2007 |
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Supreme Court ruling could lead to rise in number of fuel-efficient
cars
A Supreme Court ruling on April 2 that declared that carbon dioxide and other greenhouse gases are air pollutants under the Clean Air Act could lead to more fuel-efficient cars as early as next year, according to The Associated Press and other media reports.
The case, Massachusetts v. EPA, 05-1120, has been working its way
through the courts since 2003, according to the National Resource
Defense Council, a national, nonprofit organization of scientists,
lawyers and environmental specialists. (Full
Story)
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| NEWS ITEMS
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7-Eleven signs contract extension with EDS
An agreement with EDS allows 7-Eleven the flexibility to easily
manage its portfolio of applications as business needs and processes
change, currently enabling 7-Eleven in aligning its IT portfolio with
the company's Retailer Initiative strategy, according to a March 28
press release issued by EDS. (Full Story)
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Chestnut Petroleum to pay $1 million to settle Labor Department
lawsuit
Chestnut Petroleum Dist. Inc., with 37 gas station/convenience store
locations throughout the Hudson Valley; Brooklyn and Long Island,
N.Y.; and New Jersey and Connecticut, has agreed to pay 767 employees
a total of $900,000 in back wages plus a $100,000 penalty to the
federal government to resolve a U.S. Department of Labor lawsuit
alleging violations of the federal Fair Labor Standards Act (FLSA).
(Full
Story)
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First Data to be acquired by KKR
First Data Corp. announced April 2 that it has entered into an
agreement to be acquired by an affiliate of Kohlberg Kravis Roberts &
Co. (KKR) in a transaction with a total value of approximately $29
billion. (Full Story)
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FTC to hold conference: 'Energy Markets in the 21st Century'
The Federal Trade Commission, which enforces the federal antitrust
laws and is also the federal consumer protection enforcement agency,
will host a conference in Washington, D.C., on April 10-12, 2007, to
explore a range of energy issues of importance to American consumers
and to the United States and world markets. (Full Story)
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EZ Energy buys another 40 gas stations in United States
EZ Energy, an Israeli holding company, signed two deals over the
weekend for the purchase of 40 gas stations in the Midwest region in
the United States, according to an April 1 article by Tani Goldstein
for Ynetnews.com. The two deals totaled approximately $39 million,
according to the article. (Full Story)
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Getty Realty Corp. acquires 59 properties
Getty Realty Corp., Jericho, N.Y., reported April 2 that it has
completed the acquisition of 59 convenience store and gas station
properties located in nine states throughout the U.S., including
Hawaii, for approximately $78 million, and expects to acquire
additional properties from Trustreet in the next 30 days that are
part of the previously announced 68 property transaction. (Full Story)
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Fas Mart honors InComm with top vendor award
Convenience retailer Fas Mart has awarded InComm its top vendor award
for 2006 in recognition of the outstanding job that InComm has done
helping Fas Mart achieve dramatic sales growth among gift cards,
downloadable music, prepaid wireless, reloadable debit cards and
more, according to a March 28 press release issued by InComm. (Full Story)
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DOE selects five ethanol conversion projects for $23 million in
funding
U.S. Department of Energy (DOE) Assistant Secretary for Energy
Efficiency and Renewable Energy Alexander Karsner on March 27
announced just over $23 million in federal funding, subject to
negotiation of final project plans and funding, for five projects
focused on developing highly efficient fermentative organisms to
convert biomass material to ethanol. (Full Story)
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New Hybrid Vehicle Wash System, Tandem RiteTouch Arrives
PDQ Manufacturing, Inc., recently launched its new Tandem RiteTouch
vehicle wash system, which incorporates both touch-free and friction
technologies. The patent-pending Tandem's two-bridge design
allows multiple cleaning processes to take place at one time speeding
up the wash, versus a linear process common with most other friction
systems. The belt driven bridges work in tandem to easily glide over
the vehicle, adjusting their speeds and covering gaps to ensure the
vehicle is completely covered. The Tandem is also capable of
washing oversized SUV's and dually trucks. Unlike other friction type
systems, the expansive foam top and single rotational side brush
configuration creates an entirely open wash baythe trademark of all
PDQ in-bay systems.
PDQ Manufacturing
www.pdqinc.com
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| CALENDAR OF EVENTS |
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2007 NACS SOI Summit
Hilton Riverside
New Orleans
April 10-12
(703) 684-3600
www.nacsonline.com
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MPM - Minnesota Petroleum Marketers Association 2007 Convention &
Trade Show
Sheraton Bloomington Hotel
Bloomington, Minn.
April 10-12
(651)484-7227
www.mpmaonline.com
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Fuel Management University
Loews Ventana Canyon Resort
Tucson, Ariz.
April 24-26
(866) 620-5940
www.opisnet.com/fmu
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SIGMA 2007 Spring Convention
Loews Ventana Canyon Resort
Tucson, AZ
April 26-29, 2007
(703) 709-7000
www.sigma.org
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2007 AOCA Convention and Fast Lube Expo
Dallas Convention Center
Dallas
April 28 - May 1
(800) 331-0329
www.aoca.org
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Published By NPN Group | © 2007 NPN Group | All Rights Reserved |
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