Fuel
Business, Fuel

US Oil Output to Hit a Record in 2018

blake.thornberry/Flickr

The Energy Information Administration said domestic output of crude oil will climb to a record 9.96 million barrels a day in 2018, up from 9.9 million barrels projected last month, according to the agency’s monthly Short-Term Energy Outlook released May 9.

Mark Shenk | Bloomberg News
May 9, 2017
Business, Fuel

Diesel Prices Drop 1.8¢ to $2.565

Daniel Acker/Bloomberg News

The U.S. average retail price of diesel dropped 1.8 cents to $2.565 a gallon as oil prices remained below $50 a barrel for the third week amid questions about whether Saudi Arabia and Russia will cut oil production into 2018.

Transport Topics
May 8, 2017
Opinion, Business, Government, Safety, Autonomous, Logistics, Fuel

Opinion: Network Analysis Takes on More Importance

We keep seeing signs that things are looking up for the trucking industry. Most of the relevant economic indicators are favorable for trucking. Commodities are getting stronger, oil rig counts are increasing and the housing recovery is persisting. At the same time, small businesses are feeling a greater sense of optimism, and improvements to the tax code may boost entrepreneurialism. Low unemployment rates ultimately will lead to higher wages, giving consumers more money to spend and putting more goods on trucks.

May 8, 2017
Business, Logistics, Government, Fuel

XPO Quarterly Results Soar, Bolstered by LTL, Last Mile

XPO Logistics Inc.

XPO Logistics Inc. earned a profit in the first quarter of the year for the first time since 2010, rocketing past analyst expectations on the strength of its linehaul, cross-dock and pickup-and-delivery operations.

Ari Ashe | Staff Reporter
May 8, 2017
Fuel, Business, Logistics, Equipment

Manufacturers Want Trailer GHG Rule Included in Trump Campaign to Roll Back Regulations

John Sommers II for Transport Topics

The Truck Trailer Manufacturers Association has expanded its offensive against the part of the federal Phase 2 greenhouse gas rule that concerns trailers by asking the U.S. Environmental Protection Agency to consider a Trump administration executive order intended to prune burdensome regulations.

Jonathan S. Reiskin | Associate News Editor
May 8, 2017
Business, Fuel

World Buying American Diesel as Fast as Refiners Can Make It

Daniel Acker/Bloomberg News

The international market has a message for American refiners: Stay calm and keep turning crude into diesel.

Laura Blewitt | Bloomberg News
May 4, 2017
Fuel, Business, Government, Equipment

Oil Falls as US Crude Supply Glut Seen Shifting to Fuel Tanks

Daniel Acker/Bloomberg News

Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks. 

Mark Shenk | Bloomberg News
May 2, 2017
Business, Fuel

Diesel Falls 1.2¢ to $2.583 a Gallon, Oil Holds

Spencer Platt/Getty Images

The U.S. average retail price of diesel dropped 1.2 cents to $2.583 a gallon as oil prices remained below $50 a barrel and U.S. rig counts pushed higher. 

Roger W. Gilroy | Staff Reporter
May 1, 2017
Fuel

Looking Beyond Diesel to Fuels of Tomorrow

Britt by John Sommers II for Transport Topics

INDIANAPOLIS — Diesel fuel dominates the commercial truck world today and will continue to do so in the near future, but greenhouse gas regulations will force the industry to use it more efficiently and eventually could push fleets toward other, cleaner fuels, industry executives said here at the Green Truck Summit.

Bruce Lilly | Special to Transport Topics
May 1, 2017
Business, Fuel

Diesel Dips 0.2¢ to $2.595 a Gallon

Daniel Acker/Bloomberg News

The U.S. average retail price of diesel slipped 0.2 cent to $2.595 a gallon as oil prices dropped below $50 a gallon and U.S. rig counts continued to rise.

Transport Topics
April 24, 2017

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