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ILTA honors industry leaders and recognizes Safety Excellence at ILTA 2026 Conference & Trade Show. FOR IMMEDIATE RELEASE HOUSTON, Texas (June 15, 2026) - The International Liquid Terminals Association (ILTA) kicked off its 2026 Conference & Trade Show by honoring industry leaders and recognizing safety excellence during its annual Safety & Leadership Awards presentation at the Marriott Marquis Houston. The annual awards celebrate the individuals and companies whose leadership, service, and commitment to safety continue to strengthen the liquid terminal industry. Leadership Awards ILTA presented its Outstanding Young Professional Award to Peter McHenry, Director of Operations at Sprague Operating Resources, in recognition of his professional achievements and growing impact on the industry. McHenry helped lead Sprague's Albany Terminal to an impressive 25-year recordable-free milestone while also partnering with the U.S. Coast Guard to strengthen cybersecurity and digital resilience across terminal operations. An active ILTA volunteer, he contributes to the Association's Joint Committee Meetings and Terminal Operating Practices Symposium (TOPS), where he shares his expertise with fellow industry professionals. ILTA also presented its Distinguished Service Award to Byrne Evans of IMTT and Dennis Mendenhall of Marathon Petroleum Company. A rare tie, the award recognizes Evans and Mendenhall for their years of volunteer leadership and lasting contributions to ILTA and the liquid terminal industry. Together, they have guided the Association's Health & Safety Committee as co-chairs, supported the Education and Programming Council, and served on the Platinum Safety Award Selection Committee, shaping programs and initiatives that benefit all ILTA terminal members. 2026 Safety Excellence Awards Since 2003, ILTA has conducted an annual safety survey of its terminal members, creating one of the industry's most valuable benchmarking resources. This year's survey included participation from 48 terminal member companies, representing more than 70 percent of ILTA's terminal membership. Based on the survey results, ILTA recognized 30 terminal member companies with the 2026 ILTA Safety Excellence Award. Recipients ranked among the top two quartiles in both leading and lagging safety indicators, demonstrating a strong commitment to workplace safety, operational discipline, and continuous improvement. The 2026 Safety Excellence Award recipients are: * Advario North America LLC * Benchmark River and Rail Terminals, LLC * BWC Terminals * Colonial Pipeline Company * Energy Transfer * Ergon Inc. * Flint Hills Resources * Howard Energy Partners * Intercontinental Terminals Company, LLC * International Raw Materials LTD * Jefferson Energy * Kinder Morgan, Inc. * LBC Baton Rouge * LBC Freeport * LBC Houston * Marathon Petroleum Company * MIPC, LLC * Motus Energy LLC * Murphy Oil USA, Inc. * Odfjell Terminals US * ONEOK * Saudi Aramco * Seaport Canaveral Corp (VTTI) * Shell Pipeline Company LP * Sprague Operating Resources LLC * Tidewater Terminal Company * US Venture, Inc. * USD Group, LLC * Vecenergy * Vopak North America Inc. 2026 Platinum Safety Awards The Platinum Safety Award is ILTA's highest safety honor, recognizing terminal companies that go above and beyond in fostering a culture where safety is embedded in every level of the organization and reflected in daily operations, leadership, and decision-making. The 2026 ILTA Platinum Safety Award recipients are: * Colonial Pipeline Company * Intercontinental Terminals Company The Platinum Safety Awards were presented by the 2025 recipients, Howard Energy Partners and Marathon Petroleum Company. Before announcing this year's winners, each company shared a video offering a behind-the-scenes look at the safety philosophies and operational approaches that set them apart. "The Safety & Leadership Awards recognize the individuals and companies whose leadership and commitment continue to strengthen the liquid terminal industry," said Leakhena Swett, President of ILTA. "We congratulate this year's recipients for raising the bar and inspiring excellence throughout the liquid terminal community." About ILTA Founded in 1974, the International Liquid Terminals Association (ILTA) is the leading advocate and primary resource for the liquid terminal industry. Headquartered in Washington, DC, ILTA represents the liquid terminal industry, including terminal companies and the suppliers that support them, before Congress and federal regulatory agencies while advancing education, technical collaboration, and meaningful networking opportunities that strengthen the industry. Through advocacy, education, and member engagement, ILTA supports safe, environmentally responsible, and efficient terminal operations that enable the reliable movement of essential liquid commodities throughout the global supply chain. Media inquiries can be directed to Loren Eisenlohr, Vice President, Brand Strategy and Member Engagement, [email protected].

AI fuel-pricing software triggered illegal gas price collusion, California lawsuit alleges. A federal class-action suit accuses Marathon, Circle K, and software company Kalibrate of violating the state's new 2026 algorithmic antitrust law. Gas station operators throughout California are using artificial intelligence software to illegally coordinate fuel costs and artificially inflate prices at the pump, a federal class-action lawsuit alleges. The complaint, filed Monday in California's Eastern District, accuses major fuel retailers including Marathon and Circle K of violating state antitrust regulations through their use of Kalibrate, a global fuel-pricing software system. Plaintiffs in the suit characterize the automated platform as the "central nervous system" of an illegal conspiracy designed to eliminate retail price competition among competing stations. According to the filing, Kalibrate's algorithm coordinates elevated pricing structures and actively discourages gas station owners from undercutting local competitors, warning users that lower prices could trigger a market "downward spiral." The software promises subscribers they can maximize both sales volume and profit margins simultaneously by utilizing automated, cooperative price adjustments. The legal challenge relies on a recently enacted state law, Assembly Bill 325, which took effect on Jan. 1, 2026. The legislation amended California's Cartwright Act to explicitly prohibit the use of shared pricing algorithms to fix market rates - a regulatory update originally introduced to combat similar software tools used by corporate landlords to set residential rents. Data cited in the lawsuit indicates that when multiple gas stations in a single geographic area utilize these algorithmic tools, local fuel prices can spike by an average of 4.5 percent. The plaintiffs also highlight a specific "restoration" feature within the software, which allegedly permits operators to systematically initiate or participate in synchronized, market-wide price hikes. Furthermore, the suit alleges that Kalibrate has improperly shared non-public, proprietary pricing data from existing users with prospective corporate clients to demonstrate the software's coordination capabilities. California motorists already face the highest fuel prices in the nation, driven in part by a state gas tax of 70.9 cents per gallon. The lawsuit underscores the severe financial impact on consumers, noting that every single-cent increase at the pump extracts an additional $134 million annually from California drivers.

UC Foundation Board of Trustees announces seven new members for 2026. The University of Cincinnati Foundation announced on June 17 that seven community members will join its board of trustees beginning in October 2026. The new appointees include Ray Brooks, Chris Carper, Tim Giglio, Nandita Jena, and Chris Lewis, along with student trustees Case Trokhan and Joseph Verry. Rich Bundy, president of the UC Foundation, said, "I am proud to welcome our new board of trustee members. Their leadership, experience and shared commitment to the progress of UC and UC Health will add greatly to our capacity to drive our mission forward." Ray Brooks previously served as executive vice president at Marathon Petroleum Corp. before founding RCRJ Consulting. He also serves as an adjunct professor at the University of North Carolina at Chapel Hill and is a member of the UC College of Engineering and Applied Science Advisory Council. Brooks said he hopes "to add value to the Foundation by bringing the same passion that I have for the university to other branches, including the engineering community." Chris Carper is director of solution engineering for cloud and AI at Microsoft in telecommunications, media and gaming sectors. Carper said he looks forward "to bringing that perspective to help strengthen how we connect donors, investments and impact." Tim Giglio is senior vice president at UBS Financial Services Inc., specializing in wealth management strategies; he has served on several local arts boards. Nandita Jena leads operational resilience efforts at CIBC US after holding risk management roles with multiple financial institutions. She said she hopes "to contribute to strengthening the connection between academia and industry" through her involvement with the foundation. Chris Lewis is vice president for Vituity as well as a professor with UC Health who has held various academic leadership roles within UC. Student trustees Case Trokhan - a recent graduate entering medical school - and Joseph Verry - a fourth-year MD/PhD student - will also serve on the board. The newly appointed trustees expressed intentions ranging from supporting student success initiatives to enhancing alumni engagement.