The stubborn, sharp rise in Canadian heavy crude prices finally may falter later this year, when swelling output overwhelms a pipeline system that will be lacking a key project producers had counted on, according to Deloitte.
April 3, 2019Search
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Fortistar Acquires Landfills for Renewable Natural Gas
Clean energy supplier Fortistar, in partnership with financial company Ares Capital Corp., announced it acquired two landfill renewable natural gas facilities in western Pennsylvania from EDF Renewables North America.
April 5, 2019
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say
The looming adoption of a mandate that will require maritime vessels to burn cleaner fuel is projected to put upward pressure on diesel prices next year, but transportation experts are more concerned about how the change will affect the supply of diesel fuel for trucks.
April 3, 2019Oil Nears $70 as OPEC Tightens Supply, Hopes for Trade Deal Grow
Oil rose near $70 a barrel in London, a level last breached in November, as global crude supplies tightened while hopes for an end to the U.S.-China trade impasse lifted financial markets.
April 3, 2019Grammer Industries Acquires Sterling Transport Co.
Grammer Industries Inc. announced it has acquired North Vass, N.C.-based Sterling Transport Co.
April 2, 2019Shell to Leave Oil Lobby Group Over Climate Policy Concerns
Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the company says its disagreement with one is so severe that it will let its membership lapse next year.
April 2, 2019Diesel Dips 0.2¢ to $3.078 a Gallon as Oil Surges
The U.S. retail diesel average price dipped 0.2 cent to $3.078 a gallon, the Department of Energy reported, as the price of crude oil surged past $61 a barrel amid tighter supplies.
April 1, 2019Industry Task Force to Tackle Electric Vehicle Charging System Standard
ATLANTA — A task force comprising trucking and transportation industry stakeholders is set to vote on adoption of recommended standards for power cables, connections and other equipment for high-powered electric charging stations for commercial vehicles.
April 1, 2019Gov. Ralph Northam’s I-81 Funding Fixes Eye Trucking Industry
Virginia Gov. Ralph Northam’s proposed fundraising tools for Interstate 81 improvements include the trucking industry shouldering a significant portion of the financial burden.
March 29, 2019Raising Fuel Taxes No Longer a Laughing Matter, Stakeholders Find
Since the start of the 116th Congress in January, the gas tax has been having a moment. At congressional hearings, keynote addresses and panel discussions inside the Beltway and around the country, a significant number of infrastructure proponents have called on transportation policymakers to raise the federal fuel tax.
March 29, 2019