U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain.
July 14, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Diesel Price Almost Flat, Inches Up 0.1¢ to $2.438 a Gallon
The nationwide average price of diesel fuel was nearly flat the past week, according to U.S. Energy Information Administration data released July 13.
July 13, 2020Oil Falls on Signs OPEC+ Will Taper Cuts
Oil retreated before an OPEC+ committee meeting this week that may confirm the group’s intention to taper production cuts even as the coronavirus surges in many countries, including the U.S.
July 13, 2020Tesla Soars on Optimism for ‘Battery Day,’ India Market, S&P
Tesla Inc.’s relentless surge continued July 13 amid several upcoming events that include the possible unveiling of new battery technology from the electric vehicle maker, entry into a lucrative new market and the potential inclusion of the stock into the prestigious S&P 500 Index.
July 13, 2020Volkswagen Risks Diesel Claims Across EU After Court Ruling
Volkswagen AG vehicle owners can sue the carmaker over diesel-emission manipulation anywhere in the European Union, the bloc’s top court said in its first ruling on the scandal.
July 9, 2020Energy Transfer Says It Won’t Shut Dakota Access Despite Ruling
Energy Transfer LP said it’s not making any moves to empty its Dakota Access oil pipeline after a judge July 6 ordered the conduit shut while a more robust environmental review is conducted.
July 8, 2020Diesel Continues Slow, Steady Upward Climb
The national average retail price of diesel rose for the fifth consecutive week, up seven-tenths of a cent to $2.437 a gallon.
July 6, 2020Oil’s Rally Falters in US With Summer Demand Looking Bleak
U.S. crude futures reversed course with investors concerned that lackluster demand through the summer months will weigh on the market’s recovery.
July 6, 2020Judge Orders Dakota Access Pipeline Shut Down Pending Review
A federal judge on July 6 sided with the Standing Rock Sioux Tribe and ordered the Dakota Access pipeline to shut down until more environmental review is done.
July 6, 2020Will CARB, EPA ‘Harmonize’ Their NOx Standards?
California regulators already have issued a proposal aimed at lowering oxides of nitrogen and particulate matter emissions for new trucks built beginning in 2024, but federal regulators are still working to craft a separate nationwide low-NOx and PM proposal scheduled to take effect in 2027.
July 1, 2020