Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.
December 29, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon
The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.
December 28, 2020Oil’s Brief Rally Fades With Supply Risks Countering Stimulus
A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.
December 28, 2020Diesel Jumps 6¢ Per Gallon to Nine-Month High
The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.
December 21, 2020Colorado Partners Release Truck Safety Video for I-70 Travel
As a way to educate truckers, the Colorado Department of Transportation released a video on the challenges and best practices associated with navigating Interstate 70’s mountainous terrain.
December 18, 2020Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020
The memory of 2020 will be forever linked to the COVID-19 pandemic.
December 18, 2020Year in Review: Trucking Emerges Strong After Challenging 2020
Trucking emerged from one of the most challenging years on record strong and battle-tested, as robust freight demand propelled by soaring demand for consumer goods amid the coronavirus pandemic boosted spot rates and lifted financial results for many publicly traded fleets.
December 18, 2020North Carolina Environmental Chief Michael Regan Tapped to Lead EPA
President-elect Joe Biden is nominating Michael Regan to lead the EPA, putting a North Carolina environmental regulator in line to chart national policy on combating climate change and pollution, according to people familiar with the matter.
December 17, 2020Volkswagen Loses Top EU Court Case in Diesel Scandal
The European Union’s top court ruled that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines.
December 17, 2020Oil Jumps to Highest Mark Since February Amid Stimulus Optimism
Oil surged to the highest mark in nearly 10 months in New York alongside a broader market rally as breakthroughs on U.S. stimulus talks combined with the COVID-19 vaccine rollout stoked optimism around a demand revival.
December 15, 2020