A leading trucking official said “there is definitely a shift going on” for the industry to address its critical shortage of technicians.
July 11, 2019Search
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Oil Trades Near Seven-Week High Amid Gulf Storm, 2020 Outlook
Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlook from OPEC in 2020.
July 11, 2019QuikQ Gains Investments From Love’s, TA
QuikQ, a provider of fuel payment solutions, announced Love’s Travel Stops and TravelCenters of America each has invested in the company, with TA providing about $20 million. The Love’s amount was not disclosed.
July 10, 2019EPA: Day Cabs Can Qualify for SmartWay Designation
Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.
July 10, 2019Tropical Storm Barry in Gulf of Mexico Barrels Toward Louisiana
Oil and natural gas producers in the Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
July 10, 2019Canadian Oil Firms Offer to Ship by Rail if Output Limits Ease
Canada’s oil-sands producers are offering to commit to shipping a certain amount of their crude by rail in return for the Alberta government raising its production limits.
July 9, 2019Rice Brothers Seek Overhaul of Natural Gas Giant EQT
Absent a settlement before EQT Corp.’s annual meeting in Pittsburgh on July 10, shareholders will decide between competing rosters of candidates for the board of directors.
July 9, 2019Diesel Rises 1.3¢ to $3.055 a Gallon
The U.S. average retail price of diesel rose 1.3 cents to $3.055 a gallon, the Department of Energy reported July 8. Crude slid to less than $58 a barrel, then rebounded later in the week to just above $60.
July 8, 2019CARB Fines Anheuser-Busch $500,000 for Pollution Violations
Wrapping up an investigation begun four years ago, the California Air Resources Board announced July 1 it fined brewing company Anheuser-Busch $500,000 for medium- and heavy-duty trucks that violated the state’s air pollution laws.
July 8, 2019Oil Holds Above $57 as Iran Tension Stirs Concern Over Supply
Oil held above $57 a barrel as rising tension in the Middle East kept investors wary of potential supply disruptions. Futures were little changed in New York after rallying 2.2% since July 3.
July 8, 2019