The U.S. average retail price of a gallon of diesel rose 2.8 cents to $3.069 a gallon, the Department of Energy reported Dec. 30.
December 30, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Diesel Prices Remain Stable as IMO 2020 Mandate Set to Begin
Years of planning and preparation by the ocean shipping, oil and trucking industries are set to pay off as adequate supplies of diesel fuel are expected to be ready now that an International Maritime Organization mandate for the use of lower polluting fuel on ocean vessels is about to take effect.
December 30, 2019Oil Extends Gain Near Three-Month High as US Stockpiles Shrink
Oil rose for a fifth session, the longest run of gains since July, as a bigger-than-forecast decline in U.S. crude stockpiles eased oversupply concerns.
December 30, 2019Turkish Leader Unveils Prototypes of Electric Car
ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.
December 27, 2019Volkswagen Raises Forecast for Electric Car Production
FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.
December 27, 2019Rust Belt Region Banks on Becoming Hub for Electric Vehicles
The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom.
December 27, 2019NYC Creeps Ahead on Congestion Fees, Raising Doubts on Deadline
Tolls on motorists entering midtown Manhattan promise to alter everyday life for millions of people in the most populous U.S. city. Yet with the fees slated to begin in a year, the panel empowered to set pricing and other policies has yet to be created.
December 27, 2019Diesel Dips 0.5¢ to $3.041 Per Gallon; Oil Price Creeps Higher
The U.S. average retail price of diesel dipped 0.5 cent to $3.041 a gallon, the Department of Energy reported Dec. 23.
December 23, 20192019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance
If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.
December 20, 2019Canadian Crude-by-Rail Shipments to Surge, Spurring Investment
Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.
December 19, 2019