With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.
March 31, 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..
Trump Administration Rolls Back Mileage Standards
The Trump administration rolled back ambitious Obama-era vehicle mileage standards March 31, raising the ceiling on damaging fossil fuel emissions for years to come and gutting one of the United States’ biggest efforts against climate change.
March 31, 2020Truck Stops, State Associations Offer Free Food, Parking to Drivers
Travel center chains along one of the nation’s busiest freight corridors are offering free meals and parking to truck drivers making deliveries to help the nation battle the COVID-19 virus.
March 31, 2020Diesel Drops 7.3¢ to $2.586 a Gallon in 12th Straight Decline
The U.S. average retail price of diesel fell 7.3 cents to $2.586 per gallon, the Department of Energy reported March 30.
March 30, 2020Trump to Cut Back Obama-Era Emissions, Fuel Economy Requirements
The Trump administration will dramatically relax automobile emissions and fuel economy standards so that only modest efficiency gains are required through 2026, according to people familiar with the matter.
March 30, 2020EPA Issues Waiver to Avert Potential Summer Fuel Shortage
The U.S. Environmental Protection Agency has issued a waiver intended to avert a potential fuel shortage this summer by providing additional flexibility to the marketplace to transition from winter-grade to summer-grade blends.
March 30, 2020Biofuel Plants Are Shutting Down and Some May Never Come Back
The coronavirus and cheap oil are hitting the fuel business so hard that ethanol plants are shutting down. Some may never come back.
March 28, 2020TuSimple, ZF Pair to Develop Technology for Autonomous Trucks
Autonomous driving company TuSimple has reached a deal with German vehicle components maker ZF Friedrichshafen to develop and commercialize technology for autonomous trucks.
March 27, 2020Canadian Crude Now Costs More to Ship Than to Buy
Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself, a situation that may result in even more oil-sands producers shutting operations.
March 27, 2020Projections Show World Could Run Out of Places to Store Oil
The world will run out of places to store oil in as little as three months, according to an industry consultant.
March 26, 2020