Mexico says it has reached an agreement with the United States that will allow it to agree to a deal on production cuts with OPEC, Russia and other countries.
April 10, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Diesel Falls 3.8¢ to $2.548 a Gallon; Gas Is Below $2
The nationwide average retail price of diesel fuel declined by almost 4 cents per gallon on April 6, knocking trucking’s main fuel more than 50 cents lower than the same time a year ago.
April 6, 2020Virus Will Take Toll on State Transportation Revenue, Experts Say
Experts indicate the coronavirus pandemic will have a significant negative effect on state revenue, including funding that supports transportation projects.
April 6, 2020VW Used Defeat Devices in Diesel Engines, UK High Court Rules
A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.
April 6, 2020Oil Soars After Trump Says Saudis and Russia Will Cut Production
Oil soared after President Trump said that he expects Saudi Arabia and Russia to cut output back by 10 million barrels or more after he spoke with Crown Prince Mohammed Bin Salman.
April 2, 2020Oil Tanks at Vital Africa Hub Almost Full as Crude Floods Market
Oil tanks at one of the world’s largest storage hubs on Africa’s southern tip already are almost full, limiting traders’ options as a historic flood of crude hits the market.
April 2, 2020Trump: World’s Biggest Oil Producers to Meet on Market Crash
President Donald Trump said the U.S. would meet with Saudi Arabia and Russia with the goal of stanching a historic plunge in oil prices.
April 1, 2020Trump Administration Rolls Back Mileage Standards
The Trump administration rolled back ambitious Obama-era vehicle mileage standards March 31, raising the ceiling on damaging fossil fuel emissions for years to come and gutting one of the United States’ biggest efforts against climate change.
March 31, 2020Truck Stops, State Associations Offer Free Food, Parking to Drivers
Travel center chains along one of the nation’s busiest freight corridors are offering free meals and parking to truck drivers making deliveries to help the nation battle the COVID-19 virus.
March 31, 2020Diesel Drops 7.3¢ to $2.586 a Gallon in 12th Straight Decline
The U.S. average retail price of diesel fell 7.3 cents to $2.586 per gallon, the Department of Energy reported March 30.
March 30, 2020