For years, U.S. producers have counted on Mexico to buy enormous quantities of natural gas from the prolific shale fields in West Texas and elsewhere. The fracking boom has given rise to massive pipeline projects to carry that gas across the border, where energy production has plummeted.
August 24, 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.
Electric Trucks Face Long Road to Unseat Diesel Engines
The next battleground for replacing fossil fuel-guzzling vehicles will be U.S. interstate highways, where longhaul trucks keep the economy moving.
August 22, 2018China Shipowners Stop Hauling Iranian Oil as US Sanctions Near
China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt global crude trade.
August 21, 2018Diesel Drops 1¢ to $3.207 Per Gallon
The U.S. average retail price of diesel fell last week by 1 cent to $3.207 a gallon.
August 20, 2018BYD, Penske Join Task Force to Shape Charging Infrastructure
BYD America and Penske Truck Leasing separately announced they recently joined CharIN, a Berlin-based alliance that is leading a global effort to standardize electric-vehicle charging infrastructure.
August 20, 2018GulfMark Energy to Expand Oil Hauling Fleet With Red River Acquisition
Adams Resources & Energy Inc., the Houston-based corporate parent of oil marketing firm GulfMark Energy and petroleum and chemical hauler Service Transport Co., has agreed to acquire Red River Vehicle Holdings, a crude oil transportation firm operating in Oklahoma and Texas, for approximately $10 million.
August 20, 2018Beemac Trucking Wins Contract in Permian Basin
Eagle Pipe announced it has selected flatbed carrier Beemac Trucking and Logistics to handle all transportation and tubular management services for its new full-service Permian Basin stocking and trucking yard in Midland, Texas.
August 20, 2018Judge Orders New Federal Review of Keystone XL Pipeline
LINCOLN, Neb. — A federal judge has ordered the U.S. State Department to conduct a more thorough review of the Keystone XL pipeline’s proposed pathway after Nebraska state regulators changed the route, raising the possibility of further delays to a project first proposed in 2008.
August 16, 2018Former Pilot Flying J President Mark Hazelwood’s Sentencing Delayed
A federal judge has postponed the sentencing date for convicted former Pilot Flying J President Mark Hazelwood until Sept. 26.
August 16, 2018EPA Challenged Administration’s Safety Projections From Mileage Freeze
WASHINGTON — The Environmental Protection Agency privately challenged the Trump administration’s rationale for freezing Obama-era mileage standards, saying the proposal actually would increase U.S. highway deaths.
August 15, 2018