IEA Sees Oil Glut Through 2016 After Reaching 17-Year High
The global oil glut will last through 2016 as the strongest demand growth in five years and faltering supply fail to clear the surplus, according to the International Energy Agency.
August 12, 2015Louisiana Group Calls for 10-Cent Raise to Fuel Tax
A Louisiana transportation advocacy group is calling for a 10-cent hike to the state's 20-cent gas tax, to raise $250 million to $280 million annually for the state's infrastructure needs.
August 11, 2015Oil Tumbles to Six-Year Low on OPEC Output, Yuan Move
Crude closed at the lowest level in more than six years in New York as OPEC production climbed while China’s devaluation of the yuan bolstered concern that the world’s second-biggest economy will slow.
August 11, 2015NTDC 2015 Competitors List by Company
Here's a list of the 431 drivers competing in the 78th annual National Truck Driving Championships and seventh annual National Step Van Driving Championships, sorted by the 85 companies represented.
August 11, 2015US Diesel Prices Decline Again
Diesel’s spring-and-summer price slide has reached an 11th straight week with the Department of Energy reporting another decline Aug. 10, this time by 5.1 cents a gallon to $2.617.
August 11, 2015Hub Group's Mark Yeager Steps Down as President, COO
Mark Yeager has resigned as president and chief operating officer of Hub Group and will be replaced on an interim basis by his brother, David Yeager.
August 11, 2015Amazon to Open 500,000-Square-Foot Warehouse in Illinois
Amazon.com Inc. plans to open a 500,000-square-foot warehouse in Joliet, Illinois, that will employ about 1,000 people.
August 11, 2015Peterbilt Now Offering Maxwell Engine Start Module
Peterbilt Motors Co. is now offering Maxwell Technologies’ ultracapacitor-powered engine start module as a factory-installed option on its Model 579 and 567 trucks.
August 11, 2015Hornady Joins Daseke in Flatbed Merger
Daseke Inc. has continued its rapid expansion in the flatbed sector with the addition of Hornady Transportation, the companies announced.
August 11, 2015Home Prices Gained in 93% of Metro Areas Last Quarter
Home prices climbed in 93% of U.S. metropolitan areas in the second quarter, the broadest gain in a decade, led by Palm Bay and Port St. Lucie, Florida.
August 11, 2015