FreightWaves oil report: Donald Trump barges in to oil markets once again
Also this week: another hint at what IMO2020 might do to prices; more signs that the OPEC cuts are real and are taking hold.
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.
Also this week: another hint at what IMO2020 might do to prices; more signs that the OPEC cuts are real and are taking hold.
Funding announced as investment heats up for low-carbon fuel technology.
Truck stop-travel center operator returned to core business in q4, CEO said.
If IMO 2020 boosts demand for LNG bunkering, the U.S. isn’t ready to take advantage.
Stockpiles in the country are building up. Also: more hints on the price of fuel in a post IMO2020 market; Russia’s lack of assistance to OPEC
Wireless charging could be key to making electric trucks viable for the long-haul sector.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
Congress is handing out $93 million in federal grants for improvements at the nation’s top 15 container ports.
Positive Train Control isn’t just about safety anymore as the railroads revisit how the technology can generate capacity and save money.
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.