Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.
July 22, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Missing in Action on Capitol Hill: A Debate on Infrastructure Funding Policy
Infrastructure policy, which was seen as a bright legislative point at the start of the year capable of reaching President Donald Trump’s desk, is now hardly mentioned by the president and leaders on Capitol Hill.
July 18, 2019Federal Inactivity Drives State Creativity With Infrastructure Funding
In the absence of a strong federal partner, states clamoring for infrastructure funds have taken financing measures into their own hands.
July 17, 2019Cummins Executive to US House Panel: Investments in Low-Emissions Technologies Critical
WASHINGTON — Federal policymakers crafting comprehensive transportation legislation should consider enhancing investments in low-emissions technologies across the freight sector, an executive with Cummins Inc. told a congressional panel July 16.
July 17, 2019Trailer Makers Face California Equipment Efficiency Deadline
Trailer makers intending to sell their products in California beginning Jan. 1 must certify beforehand that the equipment meets the state’s Phase 2 greenhouse gas rule and receive an executive order, according to the California Air Resources Board.
July 16, 2019Permian Basin Watch: America’s Hottest Shale Play Is Slowing Down
The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning.
July 16, 2019Diesel Drops 0.4¢ to $3.051 a Gallon as Barry Dissipates
The U.S. average retail price of diesel dropped by 0.4 cent to $3.051 a gallon, the Department of Energy reported July 15. Meanwhile, crude oil slid to less than $59 a barrel during trading of West Texas Intermediate.
July 15, 2019Trump Defends Refinery Waivers by Noting Expanded Ethanol Sales
President Donald Trump has cited his move to allow year-round sales of high-ethanol gasoline as farmers pressure him to dial back decisions to exempt oil refineries from biofuel-blending mandates, signaling the president sees the two issues as related.
July 11, 2019Oil Trades Near Seven-Week High Amid Gulf Storm, 2020 Outlook
Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlook from OPEC in 2020.
July 11, 2019EPA: Day Cabs Can Qualify for SmartWay Designation
Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.
July 10, 2019