Executives with Pilot Flying J, the largest operator of travel centers in North America, said the company is expanding related services such as urgent care centers and oil field trucking as it celebrates its 60th anniversary this year. At the same time, the company is donating a total of $2 million to more than 20 organizations supporting military families and other community groups.
November 5, 2018Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Nikola to Expand Into Europe With Hydrogen-Electric Tre
Nikola Motor Co. announced it would begin production within five years in Europe of a heavy-duty, hydrogen-electric truck designed to be compatible with full autonomy as it expands its business beyond North America.
November 5, 2018Oil Trades Near Six-Month Low as Fears of a Shortage Subside
Oil traded near a six-month low as the prospects of a tight global market at the end of the year further receded after the U.S. softened the restart of sanctions against Iran.
November 5, 2018Exxon 3Q Profit Surges on Higher Energy Prices
DALLAS — Higher oil prices propelled Exxon’s third-quarter profit up 57% to $6.24 billion despite another drop in production. It was Exxon’s best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back.
November 2, 2018FTC Requires Marathon to Sell Stores to Avoid Antitrust
The Federal Trade Commission is requiring Marathon to sell five New York convenience stores to settle charges that its proposed acquisition of Express Mart would violate federal antitrust laws.
October 31, 2018Canadian Producers Turn to Oil Trucks as Supply Glut Grows
Tanker trucks laden with oil are journeying almost 500 miles to pipeline and rail terminals. It’s a phenomenon that Ken Boettcher, president of Three Star Trucking Ltd. in Alida, Saskatchewan, started to see three or four months ago when oil shippers around Kindersley, near the Alberta border, began requesting trucks to move their crude, in some cases, as far south as North Dakota.
October 31, 2018BP Breaks From Peers to Unleash Cash Bet on Oil Staying High
BP is gearing up to leave European competitors in the dust, at least when it comes to spending the oil industry’s enormous cash pile. While Total SA and Equinor ASA signaled last week they still are keeping a tight rein on spending, BP showed Oct, 30 it is prepared to take some risks.
October 30, 2018Shell Lubricants Launches ProAcademy Web-Based Training
AUSTIN, Texas — Shell Lubricants announced the launch for fleet customers and noncustomers alike of Shell ProAcademy, an online modular learning tool intended to educate and retain technicians.
October 30, 2018Volvo Announces New Fuel-Efficiency Program for VNL 760, 860 Models
AUSTIN, Texas — With the price of diesel steadily rising, Volvo Trucks is promoting the improved fuel efficiency of its new Xceed package that will be available in January on its 2020 model-year VNL 760 and VNL 860 trucks.
October 29, 2018Diesel Prices Drop for Second Consecutive Week to $3.355 a Gallon
The average price of diesel dropped for the second consecutive week, the U.S. Energy Information Administration reported.
October 29, 2018