The oil boom and trucking
The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC. This infographic provides a quick glimpse of what is happening in the sector.
The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC. This infographic provides a quick glimpse of what is happening in the sector.
Volvo Group is testing a self-driving refuse truck. The truck allows a driver to walk behind the vehicle collecting refuse container. Also, it may be easier to test truck drivers for sleep apnea following a court ruling and the prospects for industry growth are perking up.
This Week in Trucking, the U.S. and China have announced a trade deal centering on natural gas, financial services and beef. Also, a renewed push is on to approve hair testing in driver drug screenings and the rapid rise in last-mile delivery services is leading to plenty of new entries to the market.
President Donald Trump’s decision to place softwood lumber tariffs on Canada this week might be an indication that the administration is set for a reset on the North American Free Trade Agreement (NAFTA). It is a gamble that potentially puts billions of dollars in NAFTA trade shipments at risk – much of it hauled by trucks.
For anyone in the trucking industry, there is one constant: change. Rates change. Customers change. Freight flows change. But why is there so much change? This graphic answers some of those questions.
Schneider National Inc. is the first transportation provider to issues shares in an initial public offering since 2010, according to data compiled by Dealogic. But, will it be the last? The time may be ripe for more companies to dip their toes in the water.
The U.S. has pulled out of the Trans-Pacific Partnership trade agreement. But is that a wise decision? Experts differ on the manufacturing impact in the U.S.