The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a streak of 19 consecutive weekly price decreases.
May 26, 2020Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
California Becomes Epicenter of Emerging Truck Technology
With its emissions mandates, tough labor laws, inspection requirements and extensive regulations, California has become both a difficult and expensive environment for trucking.
May 22, 2020Despite Lower Gas Prices, AAA Expects Fewer Travelers This Memorial Day Weekend
The coronavirus pandemic has undermined road travel data, but anecdotal information points to fewer drivers likely to take to the road for Memorial Day weekend, AAA announced.
May 21, 2020Unlike China, India Oil Demand Stays Weak as Economy Falters
It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown.
May 21, 2020Chinese Revival Draws Rare Shipments of Alaskan, Canadian Oil
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020
Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels
Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.
May 18, 2020Oil Trades Near Six-Week High on Supply Cuts, Demand Recovery
Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.
May 15, 2020Truck Stops Providing Essential Services to Truckers, Navigating the Downturn
Like truck drivers, truck stops are struggling during the coronavirus pandemic. But they are still open, working to ensure drivers have the essentials they need.
May 14, 2020Oil Jumps to Five-Week High Amid Optimistic Demand Outlook
Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.
May 14, 2020