Brent crude slumped below $80 a barrel for the first time since June 10, driven by algorithmic trading and signs of poor demand from China, the world’s top oil importer.
July 29, 2024Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Ìý
Saia Q2 Profit, Revenue Rise on Former Yellow Facilities
Profits and revenues at Saia Inc. jumped in the second quarter of 2024 as the carrier continued to benefit from the collapse of erstwhile less-than-truckload rival Yellow Corp.
July 29, 2024How to Reduce Risk Ahead of the 2027 Truck Emission Changes
Program Aired: August 15, 2 p.m. ETÌýFind out how you can take the risk out of the anticipated truck pre-buy ahead of 2027. Transport Enterprise Leasing’s Jacob Brazier, vice president of fleet leasing, and Aaron Thompson, vice president of asset management, join TT’s Seth Clevenger for a special interview on creating success strategies for trucking companies amid the shift to cleaner truck technologies.Ìý
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August 15, 2024Permian to Buy Occidental West Texas Assets for $817.5M
Permian Resources Corp. will buy some of Occidental Petroleum Corp.’s West Texas assets for $817.5 million, it said in a statement.
July 29, 2024Traton Q2 Profits Rise 4.4% Despite Navistar’s Mirror Woes
Traton’s profits rose in Q2 2024 as higher prices and South American demand trumped a slump in truck sales for Navistar’s International Trucks brand due to a shortage of mirrors.
July 26, 2024Road to NTDC Spotlight: Nate Lewis
For Nate Lewis, the National Truck Driving Championships is an occasion to celebrate his family's trucking legacy. The next chapter will be written in Indianapolis.
July 26, 2024TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls
TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.
July 26, 2024How to Reduce Risk Ahead of the 2027 Truck Emission Changes
In March, the U.S. Environmental Protection Agency finalized stricter greenhouse gas emission limits for commercial trucks that take effect beginning in 2027. While manufacturers develop trucks and engines to comply with this rule and other emission regulations at the state and federal level, fleet managers will need to plan their equipment strategies accordingly.Ìý
July 26, 2024BLOG: Optimizing Cash Flow: The Transportation Industry’s Struggle
Payment management aims to reduce expenses in the transportation industry, known for its low profit margins. Despite the challenge of finding cost-effective efficiencies, the core issue remains inadequate working capital. This webinar discusses the importance of managing payables and receivables effectively to address this fundamental need.Ìý
July 26, 2024Oil Drilling Recovery Unlikely This Year, Baker Hughes Says
Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year.
July 26, 2024