Oil demand
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Canada
Today’s Pickup: emerging economies are disrupting global trade dynamics
Growth of developing countries is disrupting trade flow; logistics job openings trump available workers; Starbucks is experimenting with blockchain for coffee supply chain traceability.
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News
The FreightWaves oil report: a tumbling market pushes prices down to levels of mid-2017
It was a great week if you are an oil buyer, but if you produce it, it was one to forget as oil prices break…
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News
Today’s Pickup: Shale oil producers are stuck with serious cash flow issues
Majority of the U.S. shale oil producers are showing negative cash flow in 2018; Subaru is recalling 400,000 cars due to faulty engine part; U.S.…
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Driver issues
OPEC ready to put more oil into a market that very much needs it
Cutbacks dating back to 2015, strong economic growth and problems in a lot of producing countries have brought the oil market to this point.
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Canada
Brent rallies, oil market cautious ahead of June 22 OPEC meeting
Oil, which helped drive a rally for stocks Wednesday, began pulling back ahead of U.S. supply data.
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News
Today’s Pickup: Oil price stabilizes even as Iranian threat refuses to die down
Oil prices have stabilized after a month of volatility, but Iran pulling out of the nuclear deal is still a possibility, as European oil companies…
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Driver issues
Truck driver shortages expected to increase oil prices and constrain supply
The intensifying shortage of drivers is the result of several key issues relating to supply, demand, and new regulations—and is expected to have a significant…
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News
Today’s Pickup: Volvo and Mack Trucks showcase remote software updates
Mack Trucks and Volvo discuss performance of their remote software update systems; Uber Freight is using autonomous trucks in Arizona; air cargo was up 8%…
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Economics
Crack kills: Brent tops multi-year highs on pipeline fault
Sometimes profound threats to the economy and to people can be brought about by something as small as a single miniscule crack.
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Blockchain
Today’s Pickup: Mileage-based taxes to be tested along I-95
The I-95 Corridor Coalition is moving forward with research that will help it determine whether a mileage use tax is the right approach to taxing…
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