U.S. stocks rose as a gust of optimism swept through global equity markets as millions of Americans headed to vote. The dollar weakened and crude oil increased by the most in a month.
November 3, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Average Price of Diesel Drops 1.3¢; Oil Prices Plunge
The national average price of diesel dropped 1.3 cents, according to the Energy Information Administration’s weekly data released Nov. 2. The decline, which comes amid tumbling oil prices, is the eighth in the past nine weeks.
November 2, 2020OPEC+ Inches Closer to Delaying Output Hike After Russian Talks
OPEC+ inched closer to delaying its January output increase, with Russia actively discussing keeping its current curbs for an extra three months as oil markets weaken.
November 2, 2020Election Outcome Could Stir Up Electric Vehicle Industry
Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.
November 2, 2020Oil Poised for Worst Month Since March With Growing Curbs
Oil headed for its biggest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.
October 30, 2020Fleets Need to Navigate Changing NOx Standards
Industry experts noted the speed of emissions regulation changes during the session titled “EPA vs. CARB Regulations: What does this Mean for a Fleet in 2022 and Beyond” during American Trucking Associations’ Management Conference & Exhibition.
October 28, 2020Zeta on Course to Hit New Orleans as Category 2 Hurricane
Hurricane Zeta is strengthening as it spins across the Gulf of Mexico, threatening to slam into New Orleans in the evening Oct. 28 as a Category 2 storm capable of uprooting trees and causing massive power outages.
October 28, 2020Diesel Dips for Seventh Time in Eight Weeks; Zeta Pounds Gulf Coast
The national average price of diesel decreased three-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 26. The drop is the seventh in the past eight weeks.
October 26, 2020Oil Slumps Below $39 on Surging Virus and Libya Restart
Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.
October 26, 2020EV Mania Turns Battery Makers Into Power Brokers
Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.
October 23, 2020