Diesel Plunges 13.6¢ to Settle at $5.432 a Gallon
The national average price of diesel fell for the fourth consecutive week — and by at least a dime for the third straight time — by 13.6 cents to settle at $5.432 a gallon, according to Energy Information Administration data released July 18.
July 18, 2022The Smartest Strategy for Highway Safety
Understanding trends in highway inspection violations can help you better form your safety strategy. What safety technology trends are the most relevant to those operating commercial vehicles? Register to watch the replay of our interview with CVSA Executive Director Collin Mooney.
July 18, 2022Truckers’ AB 5 Protest Fueled by Lack of Clarity
Protests over California's AB 5 law could have a dramatic impact on the ports of Los Angeles, Long Beach and Oakland, where more than 70% of truckers are owner-operators.
July 18, 2022ATA Praises Biden’s Executive Order During Rail Negotiations
American Trucking Associations touted the Biden White House’s recent directive to assist with ongoing freight rail workforce negotiations.
July 18, 2022Supply Chains Inching Back to Normal, Brace for Headwinds of Softer Demand
Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply strains, while still afflicting many consumers and businesses, are becoming more mundane.
July 18, 2022Tesla’s Chinese Battery Maker Scopes Out Sites in Mexico
China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co.
July 18, 2022White House Expects More Saudi Oil After Biden’s Mideast Trip
The White House said it expects further oil supply increases from Saudi Arabia after President Joe Biden met with the kingdom’s rulers.
July 15, 2022Biden Blocks Freight Rail Strike, Appoints Arbitrators
OMAHA, Neb. — President Joe Biden on July 15 blocked a freight railroad strike that would disrupt shipments of all kinds of goods for at least 60 days by naming a board of arbitrators to intervene in the contract dispute.
July 15, 2022The World Can’t Get Enough of US Diesel as Exports Surge
The U.S. is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.
July 15, 2022Retail Sales Top Forecast in Boost From High Inflation
Retail sales were stronger than expected in June, but after several economists adjusted the data for inflation, they still point to a leveling off in spending.
July 15, 2022