Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the U.S. government warned of a home heating-fuel shortage from the East Coast to Texas.
January 2, 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.
Full Speed Ahead for Economy, Trucking in 2018
Trucking firms are revved up for 2018, with predictions of tight capacity and strong demand for freight hauling setting the stage for an anticipated big year ahead for the industry, and indicators pointing to a potentially sustained period of business expansion in the United States and around the globe.
December 28, 2017Diesel Inches Up 0.2¢ to $2.903; Oil Nears $60 a Barrel
The U.S. average retail price of diesel inched up 0.2 cent to $2.903, as oil climbed over $59 a barrel to the highest level since June 2015 amid forecasts of tighter supplies.
December 26, 2017Explosion Occurs in Pipeline to Libya’s Biggest Oil Terminal
Libya’s oil industry revival suffered a setback Tuesday after an explosion at a pipeline carrying crude to the OPEC nation’s biggest export terminal. Oil rallied.
December 26, 2017Oil Trades Near $57 as US Crude Stockpiles Seen Extending Drop
Oil traded near $57 a barrel for a third day before data expected to show that surplus crude inventories in the U.S. continued to diminish as global markets rebalance.
December 19, 2017Diesel Dips 0.9¢ to $2.901 a Gallon
The U.S. average retail price of diesel slipped 0.9 cent to $2.901 a gallon. The cost of trucking's main fuel dropped in all regions, except New England (up 2.4 cents) and the Central Atlantic (unchanged).
December 18, 2017Love’s Adds Truck Parking in Four States
Love’s Travel Stops added 357 truck parking spaces as a result of opening four new sites. The locations opened Dec.14 in Hope Hull, Ala.; Brush, Colo.; Bushnell, Fla.; and Bellville, Ohio.
December 18, 2017Goldman Says Big Oil Is Poised for Its Best Year in Decades
Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc.
December 14, 20172017: A Year Spent Looking Ahead
2017 was a year of anticipation for the freight transportation industry, leading up to the long-awaited Dec. 18 mandate for broad adoption of electronic logging devices to track hours of service.
December 14, 2017ATA Chief Economist Bob Costello on 2017 as 'A Transition Year'
ATA Chief Economist Bob Costello (right) looks back on the 2017 year in trucking, calling it a "transition year" and expecting better things ahead for 2018. His interview with TT's Joe Howard is part of our Dec. 13 LiveOnWeb program, "2017 Year in Review."
December 13, 2017