U.S. stocks rose as a gust of optimism swept through global equity markets as millions of Americans headed to vote. The dollar weakened and crude oil increased by the most in a month.
November 3, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Average Price of Diesel Drops 1.3¢; Oil Prices Plunge
The national average price of diesel dropped 1.3 cents, according to the Energy Information Administration’s weekly data released Nov. 2. The decline, which comes amid tumbling oil prices, is the eighth in the past nine weeks.
November 2, 2020OPEC+ Inches Closer to Delaying Output Hike After Russian Talks
OPEC+ inched closer to delaying its January output increase, with Russia actively discussing keeping its current curbs for an extra three months as oil markets weaken.
November 2, 2020Election Outcome Could Stir Up Electric Vehicle Industry
Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.
November 2, 2020Top Electric-Car Battery Maker Wins Approval for Company Split
South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.
October 30, 2020Oil Poised for Worst Month Since March With Growing Curbs
Oil headed for its biggest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.
October 30, 2020Exxon Warns of $30 Billion Shale Writedown Amid Record Loss
Exxon Mobil Corp. warned it may take up to $30 billion in writedowns on natural gas fields as crashing energy demand and prices spurred a historic losing streak.
October 30, 2020Fleets Need to Navigate Changing NOx Standards
Industry experts noted the speed of emissions regulation changes during the session titled “EPA vs. CARB Regulations: What does this Mean for a Fleet in 2022 and Beyond” during American Trucking Associations’ Management Conference & Exhibition.
October 28, 2020E-Commerce Boom Offers Lifeline for Oil
Look across the street from your home-office window: chances are you will see a delivery van.
October 28, 2020VW’s Traton, Toyota’s Hino to Collaborate on Electrification
Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.
October 28, 2020