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Truck Stops, Travel Centers Open During Coronavirus Crisis

Most travel centers and truck stops nationwide are remaining open during the coronavirus pandemic but operate with restrictions ranging from disallowing sit-down food service to practicing social distancing precautions.

March 19, 2020

Oil Floating-Storage Trade Is a Go After Crude’s Latest Tumble

The latest collapse in oil prices has put in play a lucrative trade to store crude at sea, reviving memories of the 2008-09 recession when millions of barrels were kept on the world’s oceans.

March 18, 2020

How Truck Stops Are Serving Truckers While Keeping Them Safe

The nation's truck stop chains and travel centers are working hard to remain open and serve drivers during the coronavirus crisis, while also taking steps to ensure safety. Here's a rundown of what they are doing.

June 8, 2020

New York Officials, Trucking Association Take Caution Amid COVID-19

New York, New Jersey and Connecticut have teamed up to institute restrictions on social gathering places. Trucking Association of New York President Kendra Hems said it still is too early to tell what the restrictions’ impacts on the industry will be.

March 17, 2020

Diesel Falls 8.1¢ to $2.733 a Gallon; Gasoline Drops 12.7¢

The nationwide average price of diesel fuel declined by 8 cents per gallon March 16, according to the U.S. Energy Information Administration.

March 16, 2020

Oil Supertankers Fetch Astronomical Rates With Vessels Scarce

Oil companies are being forced to pay exorbitant prices for oil tankers as shipowners book vessels for storage and Saudi Arabia snaps up ships as it prepares to flood the market with crude.

March 16, 2020

Oil Slumps to Lowest Since 2016 as Demand Collapse Triggers Rout

Oil’s spectacular collapse deepened as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual oil demand in history.

March 16, 2020

Trump Orders US to Stock Up Oil Reserve After Price Crash

President Donald Trump ordered U.S. energy officials to purchase “large amounts” of oil to fill up the nation’s emergency reserve after the biggest price crash in a generation.

March 14, 2020

Texas Shale Heartland Rattled by Coronavirus, Oil Price War

Just a week ago, when crude oil prices fell to $46 a barrel, the mayor of the biggest city in the world’s largest shale oil patch seemed oddly calm, almost relieved.

March 13, 2020