The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC. In fact, the U.S. is producing more oil than ever before. For the trucking industry, that has meant a big boost in volumes, not just in fuel deliveries, but also equipment being hauled to and from the oil fields.
For a more in-depth look at the trend, read: U.S. oil boom driving a surge in trucking. The infographic below provides a quick glimpse of what is happening.
Upcoming FreightWaves Events
Fraud & Security
Freight Fraud Symposium
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and fleetowner.com. Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. You can reach him at bstraight@freightwaves.com.
