Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.
August 6, 2018Search
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New Jersey Beverage Distributor Seeks 14-Hour Workday for Its Drivers
Allied Beverage Group, a large New Jersey beverage distributor, has requested that the company’s shorthaul drivers utilizing the record of duty status exception be allowed to return to their work-reporting location within 14 hours instead of the usual 12 hours, the Federal Motor Carrier Safety Administration announced Aug. 3.
August 3, 2018GM to Hire Hackers to Find Bugs in Car Computers
Highly computerized cars or trucks could mean consumers’ data is vulnerable or the driver safety might be endangered if car companies aren’t prepared to cut off at the pass any data breach or threat to cybersecurity.
August 3, 2018Oil Companies Fret as Congress Debates Russia Sanctions
WASHINGTON — Oil and gas executives have watched wearily in recent years as the relationship between the United States and Russia deteriorated, steadily closing off their ability to drill the vast shale plays underlying Siberia and the deep-water oil fields off Russia’s Arctic coast.
August 3, 2018Toyota Logs Record Quarterly Profit, Cuts Full-Year Sales Outlook
TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.
August 3, 2018US Trade Deficit Widens by $46.3 Billion in June
WASHINGTON — The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada increased.
August 3, 2018China Plans Tariffs on $60 Billion of Imports to Counter Trump
China announced a list of $60 billion worth of U.S. imports it plans to apply tariffs on should the Trump administration follow through with its latest trade threats.
August 3, 2018Editorial: Course Corrections Are Part of Progress
In times of great change there are bound to be course corrections, as evidenced by recent developments related to innovations designed to advance the science of moving trucks down the road.
August 2, 2018Senate-Passed Transportation Funding Bill Includes $1 Billion in Infrastructure Grants
Legislation that would provide $1 billion in infrastructure grants and would extend the electronic logging device waiver for livestock haulers for the next fiscal year easily passed the Senate on Aug. 1.
August 2, 2018US Electric Vehicle Charging Market Could Reach $18.6 Billion by 2030
Falling prices and government mandates are set to boost sales of electric vehicles globally, making owning and operating charging infrastructure an attractive area for investment.
August 2, 2018