For the second week in a row, the price of diesel remained essentially flat compared with the prior week, dipping just one-tenth of a cent to $2.426 a gallon, the Energy Information Administration reported Aug. 24.
August 24, 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..
Trumpās Arctic Oil Drilling Plan Will Be Tested in Court
Environmentalists and Alaska natives are challenging the Trump administrationās decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the regionās other wildlife.
August 24, 2020US Gulf Coast Faces Threat From Pair of Tropical Storms
Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies.
August 24, 2020Oil Set for Weekly Drop in Wake of Sluggish Global Economies
Oil is poised for the first weekly decline this month as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound.
August 21, 2020Navistar Joins Effort to Adopt Electric Vehicle Standards
Navistar Inc. joined a global coalition of industrial and automotive businesses pushing to create standards for electric vehicles, the company announced Aug. 20.
August 21, 2020ACT Virtual Series Highlights Environmental Sustainability Challenges
Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.
August 20, 2020Worldās Largest Offshore Rig Owner Valaris Goes Bankrupt
Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the worldās largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.
August 19, 2020GM to Double Down on China After Tesla Grabs EV Lead
General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the worldās largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.
August 19, 2020Infrastructure Stakeholders to Host Forum in September
Groups and institutions consistently urging policymakers to dedicate additional funds for freight and commuter corridors will host āUnited for Infrastructure,ā scheduled for the week of Sept. 14.
August 18, 2020Xos Trucks Secures $20 Million in New Funding Round
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.
August 18, 2020