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Oil Advances to Eight-Month High on Demand Optimism

Oil extended gains, trading at its highest level since March, on mounting optimism that recent breakthroughs on a COVID-19 vaccine will lead to a swift recovery in global energy demand next year.

November 25, 2020

High Freight Demand Provides Momentum for Trucking Industry

Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.

November 24, 2020

Strehl Announces Acquisition of Rocketail

Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.

November 24, 2020

Operational Cost of Trucking Down 9.3%, ATRI Finds

Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.

November 24, 2020

2021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles

With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.

November 24, 2020

Oil Jumps Past $45, Dow Eclipses 30,000

Oil reclaimed heights not seen since the pandemic shocked markets in the spring, with the start of the U.S. presidential transition and improved vaccine prospects infusing optimism across markets.

November 24, 2020

NTTC, ATA Seek Approval of Electronic Documents for Hazmat Shipments

National Tank Truck Carriers and American Trucking Associations have petitioned federal hazardous materials regulators to “without delay” develop a rulemaking that would allow motor carriers to use and accept electronic shipping papers and certifications for hazmat shipments.

November 24, 2020

Diesel Rises 2.1¢ to $2.462 a Gallon

The nationwide average price of diesel fuel increased 2.1 cents per gallon, according to U.S. Energy Information Administration.

November 23, 2020

States Take Action as COVID-19 Chokes Revenue Streams

Many state transportation agencies continue to develop revenue forecasts to determine how much money they can expect to lose in fuel tax revenue, tolls and transit fares in the wake of the pandemic.

November 20, 2020

Oil Poised for Weekly Increase on COVID-19 Vaccine Optimism

Oil is poised for a third weekly gain with positive COVID-19 vaccine developments paving the way for a more sustained recovery in oil demand.

November 20, 2020