FreightWaves oil report: data in two reports lays out the case for a stronger market
Two major agencies see a supply/demand balance that is tightening on the back of steep cuts coming out of OPEC.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
Two major agencies see a supply/demand balance that is tightening on the back of steep cuts coming out of OPEC.
Tax incentives that make for cheaper diesel fuel ran out in 2018, and the trucking industry is looking for a vehicle on which to extend it. Could it be the border wall?
Little Rock, Ark.-based company trying to make fuel card processing less costly for truck stop operators.
An intersection in New Jersey has been deemed the worst for truck bottlenecks, plus Nikola Motor may be adding a purely electric truck; GM and Tesla are working together, and FedEx Express signs on to a new cargo terminal.
Message from NATSO: Technology trends will force truck stop owners to reevaluate how they serve their customers.
Crude prices are stuck in a $50-$55 range for WTI, as news that would drive prices higher inevitably gets offset soon after by something pushing it lower.
Lots of ideas for federal funding of infrastructure at Capitol Hill hearing, but the “pay-for” question still looms.
Green New Deals are the rage in Washington, with benefits – and costs – for trucking.
The United States Postal Service is deploying seven all-electric step vans in California, powered by Motiv’s EPIC system, plus living life on the road and the Polar Vortex causes crude troubles.
Electric vehicle makers can learn from some of the lessons that natural gas developers faced when introducing that fuel source to trucking.
Also in this report: a rebound in the market helped by OPEC production cuts; ExxonMobil grows big on the U.S. Gulf Coast.
It was only one trade and the comparisons to diesel prices are less than perfect. But there now is an actual transaction that reflects a value for now of what fuel might do under IMO2020.
The Congressional Budget Office revealed the latest deficits it tracks for the Highway Trust Fund as Congress plans to debate new ways to pay for infrastructure.
The Congressional Budget Office reveals latest stats on the diminishing Highway Trust Fund as Congress plans to consider new ways to pay for highway infrastructure.
Three key agencies have completed their January forecasts and they are all reasonably confident about OPEC’s ability to balance oil markets this year.
The biggest hurdle to making an infrastructure plan work is figuring out how to pay for it. A Washington D.C. think tank says Congress is ready to consider mileage-based user fees.
There are numerous reasons why electric trucks may continue to take a backseat when private transportation fleets and for-hire carriers are developing their truck procurement strategies.
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
It’s a long road from the wellhead down to the fuel going into a truck. Who makes money along the way?
The SureFly is just one of the products that Workhorse is working on. Additional projects include electric delivery vans and electric pickups.