Even while oil industry analysts are assessing the damage to Saudi Arabia’s oil field from an aerial attack Sept. 14, the nationwide price of diesel fuel climbed by 1.6 cents to $2.987 per gallon, according to the U.S. Department of Energy report Sept. 16.
September 16, 2019Search
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US Chamber Leader Tom Donohue Hopeful About Infrastructure Bill’s Passage
U.S. Chamber of Commerce CEO Tom Donohue indicated on Sept. 16 that a window of opportunity finally has opened up for Congress to act meaningfully on a federal infrastructure measure. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
September 16, 2019Cyberattacks: The Ever-Rising Threats
Cyberattacks represent an ever-increasing risk that motor carriers and fleets are up against — and which may not be insured under the typical coverages they carry, insurance industry experts said.
September 16, 2019With Trump Trade War a Threat, Fed Is Set to Cut Rates Again
WASHINGTON — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump’s trade war with China.
September 16, 2019Insurers Eye Safety Technologies
As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry.
September 16, 2019Volkswagen to Pay Up to $87 Million in Australia for Scandal
CANBERRA, Australia — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Sept. 16.
September 16, 2019Energy Prices Spike After Saudi Oil Attack
DUBAI, United Arab Emirates — Global energy prices spiked Sept. 16 after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was “locked and loaded” to respond.
September 16, 2019Railroads’ PTC Implementation Progressing, FRA Announces
Rail operators’ implementation of automatic braking technology continues to show progress, federal regulators announced this week.
September 13, 2019Michigan House Bills Could Prompt Local Fuel Taxes
Gas prices could look a little different across county lines under legislation proposed in the Michigan House this week.
September 13, 2019White House Plans Biofuel Quota Boost to Offset Refinery Waivers
President Donald Trump has tentatively agreed to a plan for bolstering ethanol and biodiesel, amid pressure from Midwest U.S. senators who warned the president that without action, he risks votes in next year’s election.
September 13, 2019