Congestion Creates $74.5 Billion Burden for Trucking, ATRI Analysis Shows
Traffic congestion on the nation’s highways added $74.5 billion in operational costs to the trucking industry in 2016, according to the American Transportation Research Institute’s recent analysis.
October 18, 2018Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Colorado Voters Could Play Role in Determining State’s Oil Output
On Nov. 6, voters may spoil BP’s welcome. That’s when it will be decided whether to limit drilling in an initiative that some say could cut the state’s oil output by more than half. The vote is being closely watched, not only by companies keen to join the Colorado boom but also by outsiders who see a potential blueprint for blocking development.
October 17, 2018Trade War Hinders Commodities, Helps Oil
Commodity companies are beginning to feel the impact of President Donald Trump’s trade policies, and their earnings report cards will signal how well they’ve been able to protect shareholder value.
October 16, 2018Diesel Inches Up 0.9¢ to $3.394 in Eighth Straight Increase
Diesel prices continue to move higher, increasing 0.9 cent to $3.394 per gallon, according to the survey by the U.S. Department of Energy on Oct. 15.
October 15, 2018Gas Flow Resumes After Canada Pipe Rupture Hits Oil Refiners
Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output and sent gasoline prices soaring up and down the West Coast.
October 11, 2018Oil Falls Most in Eight Weeks as Investors Avoid Risky Assets
Crude posted the biggest decline in eight weeks as a risk-off sentiment spread through global markets. Futures tumbled 3% in New York on Oct. 11. Investors eyed a sixth day of U.S. equity losses along with heightened volatility.
October 11, 2018Four Democratic Representatives Seek IG Investigation of TTU Glider Study
Four House Democrats have asked the Environmental Protection Agency Inspector General to investigate a glider truck study by a Tennessee Tech University researcher. The study already is the subject of a research misconduct investigation by the university.
October 11, 2018Trump Lifts Sales Restrictions on Gasoline With High Ethanol Blend
WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.
October 10, 2018Diesel Jumps 7.2¢ to $3.385 a Gallon
The U.S. average retail price of diesel jumped 7.2 cents to $3.385 a gallon as oil prices remained at levels not seen in four years over supply concerns. The increase was the seventh consecutive weekly rise for diesel, and the fuel has risen 17.8 cents a gallon since Aug. 20.
October 9, 2018Exxon Puts $1 Million Into Hunt for Carbon Tax and Rebate
Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.
October 9, 2018