Truckload and intermodal carrier Schneider National Inc., No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed financial documents with the Securities and Exchange Commission on Dec. 22 as a prelude to the company going public, possibly later this year.
January 2, 2017Search
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Diesel, Crude Prices Ascend to 2016 Peaks at Year’s End
The average U.S. retail price of diesel jumped 1.3 cents a gallon to $2.54, the Department of Energy reported Dec. 26, as the price of oil rose past $53 a barrel because evidence is growing that plans to cut production will jell.
January 2, 2017
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Trades Near 17-Month High Before Planned OPEC Supply Cuts
Oil traded near the highest since July last year amid optimism OPEC and 11 other producing nations will cut output as promised, helping eliminate a global supply glut.
December 28, 2016Diesel Average Rises to Yearly High, Up 1.3¢ to $2.54
The U.S. average retail price of diesel jumped 1.3 cents to $2.54 a gallon, according to the Department of Energy, as the price of oil rose past $52 a barrel as plans to cut production gelled.
December 27, 2016Oil Extends Gains as Industry Report Shows US Stockpile Drop
Oil extended its advance as industry data showed U.S. crude stockpiles declined last week.
December 21, 2016Diesel Average at Highest Price in 2016, Up 3.4¢ to $2.527
The U.S. average retail price of diesel jumped 3.4 cents to $2.527 a gallon, according to the Department of Energy, as the price of oil hovered near $52 a barrel.
December 19, 2016Diesel Average Jumps 1.3¢ to $2.493 a Gallon
The U.S. average retail price of diesel rose 1.3 cents to $2.493 a gallon, according to the Department of Energy, as the price of crude oil reached its highest level in about 17 months as producers added to earlier announced production cuts.
December 12, 2016U.S. Xpress Anticipates Placing Multimillion Dollar Orders for Nikola Electric Trucks
Truckload carrier U.S. Xpress Inc. formally announced its plans Dec. 8 to be an early adopter of the recently unveiled zero-emission, hydrogen-electric Class 8 Nikola One truck from Nikola Motor Co.
December 9, 2016Nikola Hydrogen-Electric Design Called Trucking ‘Game Changer’
SALT LAKE CITY — Preparations are underway for the 2020 delivery of Nikola One, the hydrogen-electric Class 8 produced by Nikola Motor Co.
December 12, 2016Diesel Tops Year-Ago Price for First Time Since 2014
The great slide in diesel prices has ended. After 124 consecutive weeks of diesel falling compared with its year-ago level, the U.S. retail average price is higher than it was 52 weeks ago for the first time since July 2014.
December 12, 2016