The U.S. average retail price of diesel dropped 1.8 cents to $2.565 a gallon as oil prices remained below $50 a barrel for the third week amid questions about whether Saudi Arabia and Russia will cut oil production into 2018.
May 8, 2017PerspectiveBusinessGovernmentSafetyAutonomousLogisticsFuel
Opinion: Network Analysis Takes on More Importance
We keep seeing signs that things are looking up for the trucking industry. Most of the relevant economic indicators are favorable for trucking. Commodities are getting stronger, oil rig counts are increasing and the housing recovery is persisting. At the same time, small businesses are feeling a greater sense of optimism, and improvements to the tax code may boost entrepreneurialism. Low unemployment rates ultimately will lead to higher wages, giving consumers more money to spend and putting more goods on trucks.
May 8, 2017BusinessLogisticsGovernmentFuel
XPO Quarterly Results Soar, Bolstered by LTL, Last Mile
XPO Logistics Inc. earned a profit in the first quarter of the year for the first time since 2010, rocketing past analyst expectations on the strength of its linehaul, cross-dock and pickup-and-delivery operations.
May 8, 2017FuelBusinessLogisticsEquipment
Manufacturers Want Trailer GHG Rule Included in Trump Campaign to Roll Back Regulations
The Truck Trailer Manufacturers Association has expanded its offensive against the part of the federal Phase 2 greenhouse gas rule that concerns trailers by asking the U.S. Environmental Protection Agency to consider a Trump administration executive order intended to prune burdensome regulations.
May 8, 2017BusinessFuel
World Buying American Diesel as Fast as Refiners Can Make It
The international market has a message for American refiners: Stay calm and keep turning crude into diesel.
May 4, 2017FuelBusinessGovernmentEquipment
Oil Falls as US Crude Supply Glut Seen Shifting to Fuel Tanks
Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks.Â
May 2, 2017BusinessFuel
Diesel Falls 1.2¢ to $2.583 a Gallon, Oil Holds
The U.S. average retail price of diesel dropped 1.2 cents to $2.583 a gallon as oil prices remained below $50 a barrel and U.S. rig counts pushed higher.Â
May 1, 2017Fuel
Looking Beyond Diesel to Fuels of Tomorrow
INDIANAPOLIS — Diesel fuel dominates the commercial truck world today and will continue to do so in the near future, but greenhouse gas regulations will force the industry to use it more efficiently and eventually could push fleets toward other, cleaner fuels, industry executives said here at the Green Truck Summit.
May 1, 2017BusinessFuel
Diesel Dips 0.2¢ to $2.595 a Gallon
The U.S. average retail price of diesel slipped 0.2 cent to $2.595 a gallon as oil prices dropped below $50 a gallon and U.S. rig counts continued to rise.
April 24, 2017EditorialBusinessFuelAutonomousGovernmentLogistics
Editorial: Saving the Planet? It’s on Us
While President Donald Trump is calling for reversals of some environmental regulations, it’s important to note what isn’t changing. And that is the commitment that freight carriers, truck makers and even some shippers, such as Wal-Mart Stores Inc., are making to reduce harmful greenhouse gas emissions.
April 24, 2017