Texas Job Growth to Take Hit if Oil Rout Drags On, Fed Says
Job growth in the Lone Star State will likely weaken in the first half of 2019 if oil prices remain at current levels, according to the Federal Reserve Bank of Dallas.
December 28, 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.
Report: US Miscalculated Benefit of Better Train Brakes
BILLINGS, Mont. — President Donald Trump’s administration miscalculated the potential benefits of putting better brakes on trains that haul explosive fuels when it scrapped an Obama-era rule over cost concerns, The Associated Press has found. A government analysis used to justify the cancellation omitted up to $117 million in estimated future damages from train derailments that could be avoided by using electronic brakes.
December 27, 2018Average Price of Diesel Drops 4.4¢ to $3.077 a Gallon
The U.S. average retail price of diesel dropped 4.4 cents to $3.077 a gallon, the U.S. Energy Information Administration reported, as crude oil prices lingered below $50 per barrel.
December 27, 2018US Shale’s Blows Leave Middle East Oil Sellers Staggering
The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties.
December 27, 20182018 Diesel Prices Stay Consistent Around $3 a Gallon
Diesel prices started off 2018 low, but as the year comes to a close, the average price of diesel is more than 20 cents higher than in 2017.
December 24, 2018Daimler Delivers Freightliner Electric Truck to Penske
Daimler Trucks North America on Dec. 20 delivered to Penske Truck Leasing the first in a series of electric trucks Penske plans to deploy in California and the Pacific Northwest.
December 20, 2018Plugging Into an Electric Future
On our Dec. 19 LiveOnWeb program, we were “Plugging Into an Electric Future” as we assessed the rapid escalation of development and deployment of electric vehicle technology.
December 19, 2018Shell Rotella Unveils New Heavy-Duty Greases
Shell Rotella has introduced a new line of heavy-duty greases for trucks, tractors and construction equipment, according to a Dec. 14 press release.
December 19, 2018Resurgent Oil Fields Keep Drivers in Short Supply
These are boom times in West Texas. Across the state, the robust shale industry is providing a lift to local economies and trucking companies that serve the region. It’s also a microcosm for the trucking industry overall when it comes to finding drivers to keep the wheels of growth turning.
December 18, 2018China Inks Deals With Shell, Majors as Xi Signals Open Trade
China signaled its openness for business with a raft of deals that’ll give oil majors, including Royal Dutch Shell Plc, new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
December 18, 2018