CST Brands consolidating control over CrossAmerica

CrossAmerica Partners LP President and CEO will retire from the company, effective Sept. 30, giving CST Brands Inc. the ability to appoint Jeremy Bergeron as his successor.

San Antonio-based CST Brands (NYSE: CST) is the parent company of CrossAmerica GP LLC, the general partner of Allentown, Pennsylvania-based CrossAmerica (NYSE: CAPL). Bergeron, who was previously CST Brands’ senior vice president of integration and development operations, is CrossAmerica’s new president. He will report to…

Tesoro brings Martinez refinery back on-line, adjusts production figures

San Antonio-based refining company Tesoro Corp. has reopened its refinery in Martinez, California, following the end of a weeks-long labor strike prompting new production estimates for the first quarter of 2015.

Members of the United Steelworkers Union walked off the job at the refinery on Feb. 1 and spent weeks on strike before voting to accept a new labor contract on March 24.

The Martinez refinery was in the final stages of major turnaround maintenance activity when the strike happened prompting…

Daimler unveils high-mpg 'SuperTruck' (PHOTOS)

Pull those low-mpg tractor-trailers off the road. Daimler Trucks North America has designed a “SuperTruck” that beats even the 2018 federal efficiency requirements for big trucks.

The sleek concept truck was unveiled last week at the Mid-America Trucking Show in Louisville, Ky., and promises 12.2 miles per gallon, a 50 percent improvement over the big rigs on the road today.

The $80 million concept truck isn’t ready for production. But several innovations developed during the manufacturer’s five-year…

Bowser to open bidding for sites at Waterfront Station, Truxton Circle, Anacostia and Shaw

Mayor Muriel Bowser will reveal on Monday the first major slate of development solicitations to be released by her administration, to include the final piece of Waterfront Station and parcels in Truxton Circle, Anacostia and Shaw.

The Bowser administration is billing the announcement, scheduled for 11:30 a.m. at Lincoln Theatre, as the “March Madness” presolicitation event. It will feature the reveal of five upcoming requests for proposals, plans to pilot a new Request For Proposals community comment…

Pending home sales rose in February

More people looking for a house or condo found what they wanted last month.

The National Association of Realtors says pending sales of existing homes rose 3.1 percent in February, and contract signings were up 12 percent from a year ago. The harsh winter weather did mean a small decline in pending sales in the Northeast, but the decline was offset by strong sales in the West and Midwest.

Contract signings in February were the highest in almost two years.

“Pending sales showed solid gains last…