A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.
November 12, 2019Search
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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.
ASCE to Unveil Puerto Rico Report Card Nov. 12
The American Society of Civil Engineers announced it plans to unveil a report card on Nov. 12 on the status of Puerto Rico’s infrastructure, two years after significant aspects of the island’s infrastructure were damaged severely as a result of two hurricanes.
November 8, 2019Oil Falls Amid Uncertainty Over Trade War, OPEC Supply Cuts
Oil fell as traders awaited more concrete signs that the U.S. and China are resolving their trade dispute, and amid concerns that OPEC and its partners won’t deepen output curbs to prevent a glut.
November 8, 2019CARB Rule Would Set Sale Quotas for Zero-Emission Trucks
The California Air Resources Board has proposed a regulation requiring that manufacturers sell a set percentage of zero-emissions battery-electric and fuel cell trucks beginning with model year 2024.
November 6, 2019Shale Oil Pioneers Say the Boom Times Are Over
The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s yearslong effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa.
November 6, 2019Operational Cost of Trucking Up 7.7%, ATRI Report Says
The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.
November 4, 2019Diesel Dips 0.2¢ to $3.062 a Gallon
The U.S. average retail price of diesel fell 0.2 cent to $3.062 a gallon, the Department of Energy reported Nov. 4.
November 4, 2019VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports
About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.
November 4, 2019Oil Near Six-Week High as US-China Trade Deal Hopes Increase
Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.
November 4, 2019Keystone Pipeline Shutdown Raises Costs for US Gulf Refiners
The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.
October 31, 2019