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, 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..
Contango in Full Swing for Crude Oil Market
Oil tankers are starting to drop anchor as traders start deploying the vessels to keep barrels at sea in the wake of the price plunge.
March 19, 2020Oil 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, 2020How 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, 2020New 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, 2020Diesel 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, 2020Oil 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, 2020Oil 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, 2020Trump 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, 2020Texas 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