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Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020

Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop

Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.

December 29, 2020

Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon

The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.

December 28, 2020

Oil’s Brief Rally Fades With Supply Risks Countering Stimulus

A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.

December 28, 2020

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

December 23, 2020

Nikola Loses Electric Truck Order From Republic Services

Nikola Corp. lost an order to supply sanitation heavyweight Republic Services Inc. with 2,500 battery-electric garbage trucks, the latest setback for the troubled startup.

December 23, 2020

Diesel Jumps 6¢ Per Gallon to Nine-Month High

The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.

December 21, 2020

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

December 21, 2020

Colorado Partners Release Truck Safety Video for I-70 Travel

As a way to educate truckers, the Colorado Department of Transportation released a video on the challenges and best practices associated with navigating Interstate 70’s mountainous terrain.

December 18, 2020

Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020

The memory of 2020 will be forever linked to the COVID-19 pandemic.

December 18, 2020