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Airline, Trucking Industry At Odds Over Low-Carbon Fuel Standard
Wednesday, January 29, 2020 - 5:35pm | 875Read More...A proposed low-carbon fuel standard in Washington state highlights a divide in the transportation industry over regulations aimed at reducing carbon emissions that contribute to global warming. Earlier this month, for example, Alaska Airlines (NYSE: ALK) endorsed the use of sustainable aviation...
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Canadian National Eyes Growth Opportunities In Intermodal, Crude-By-Rail
Wednesday, January 29, 2020 - 3:01pm | 2060Read More...Recent trade actions in North America could help rail volumes improve, particularly in the second half of the year, Canadian National (NYSE: CNI) executives said Tuesday. "The trade environment, when you look at how negative it was last year and how things seem to be at least turning [around] … at...
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The Price Of Diesel Is Way Down Everywhere Except The Pump
Tuesday, January 28, 2020 - 6:07pm | 1179Read More...Here's what is almost certainly frustrating many truck drivers and shippers as January draws to a close: On Jan. 2, the first trading day of the year, ultra low sulfur diesel (ULSD) settled on the CME, the main energy trading platform, at $2.0241 per gallon. A day later, it settled at $2.0614. On...
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Weekly Fuel Report: January 28, 2020
Tuesday, January 28, 2020 - 12:04pm | 30Read More...Image Sourced from Pixabay
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Oil Patch Bankruptcies Slow In Q4 But Surge For Full 2019
Monday, January 27, 2020 - 2:06pm | 602Read More...The number of oil patch bankruptcies in the fourth quarter of 2019 slowed slightly from the third quarter but also featured the largest bankruptcy filing in the North American energy sector in at least five years. The data from the quarterly report from the law firm of Haynes & Boone reported...
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Intel, American Express Report Strong Quarters, Helping Set Positive Early Tone
Friday, January 24, 2020 - 11:03am | 2262Read More...Another batch of solid earnings reports—including a monster performance from chipmaker Intel (INTC)—could combine with retreating fears of the coronavirus to set a positive tone early Friday. Today’s action could determine whether the S&P 500 Index (SPX)...
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Friday's Market Minute: Unhappy New Year For Oil
Friday, January 24, 2020 - 10:06am | 305Read More...A new year that started out poorly for energy futures got even rougher this week. WTI Crude Oil futures are down over 5% during this shortened trading week, despite the EIA Petroleum Report showing a 400k barrel decline in inventories and supply concerns over Libya stopping oil exports. This...
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FreightWaves NOW: Diesel Market Keeps Heading Downward
Thursday, January 23, 2020 - 5:19pm | 76Read More...Director of Freight Market Intelligence Zach Strickland examines capacity across the country in the Carrier Update presented by PowerFleet, Market Expert Donny Gilbert highlights the best markets for dry vans in the Broker Update, and Oil Market Expert John Kingston discusses diesel prices in the...
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Fueled By Concerns Over The "China Virus," Oil Markets Tumble
Thursday, January 23, 2020 - 10:09am | 847Read More...Oil prices plummeted Wednesday before making a late-day comeback, with the possible spread of the coronavirus cited as the force behind the downturn. Traders have looked over their data, searched their memories and are remembering that in 2003, when the SARS virus was impacting much of China and...
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Fuel Report: January 22, 2020
Wednesday, January 22, 2020 - 11:50am | 27Read More...Image Sourced from Pixabay
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Phillips 66 And Partner Drop Plans For Renewable Diesel Plant In Washington
Tuesday, January 21, 2020 - 6:16pm | 689Read More...A joint venture between independent refiner Phillips 66 and Renewable Energy Group (REG) to build a renewable diesel plant in Ferndale, Washington, has been scrapped. The plant would have had capacity of 250 million gallons per year, or about 16,300 barrels per day. By the standards of biodiesel...
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Truck Manufacturers Call For EU Investment In Gas Infrastructure
Tuesday, January 21, 2020 - 2:47pm | 439Read More...European truck manufacturers are urging policy makers to accelerate the deployment of infrastructure to deliver natural gas and renewable gas/biomethane across the European Union. In a joint statement, the European Biogas Association (EBA), the Natural & bio Gas Vehicle Association (NGVA...
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Canadian Fuel Distributor Parkland Grows US Footprint And Fleet With Kellerstrass Acquisition
Friday, January 17, 2020 - 3:03pm | 242Read More...Parkland Fuel Corp. (TSX: PKI), a Canadian fuel distributor and seller, will acquire Kellerstrass Oil, growing its retail and commercial footprint and tanker fleet in the United States. Alberta-based Parkland announced the deal to buy Salt Lake City's Kellerstrass on Thursday without disclosing...
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Book Review: "IMO 2020: A Regulatory Tsunami"
Friday, January 17, 2020 - 10:26am | 1650Read More...Judging a book by its cover, Pablo Rodas-Martini's "IMO 2020: A Regulatory Tsunami" appears to be about the Jan. 1 rule mandating the game-changing global switch to low-sulfur marine fuel. It's actually about something more interesting: the likelihood of a much broader, decades-long,...
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Weekly Fuel Report: January 7th, 2020
Tuesday, January 7, 2020 - 11:27am | 33Read More...Image Sourced from Pixabay
















