Treasury Secretary Janet Yellen stated in a recent interview believes that the European Union could soon be affected by the embargo on Russian oil imports, which could cause gasoline prices to rise once again during this winter. With Russia still at war with Ukraine, one of their main funding sources for what they call their […]
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At the end of May 2022, we saw a sharp decrease in U.S. crude inventory levels of 5.1 million barrels compared to the expected decrease of 1.3 million barrels. In response to the decrease in inventory and the sanctions on Russian oil, U.S. shale production is set to increase in the month of July by […]
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Convenience Fleet cards are often accepted all over the country allowing drivers to have quality fueling options no matter where they are travelling. Reducing Fuel Expenses Fuel is the highest expense in the trucking industry next to vehicle maintenance. Fleet cards are an efficient way to diminish fuel expenses with their nationwide discounts. This is […]
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Over the pandemic, the United States saw a drastic driver shortage in the logistics industry, but the industry should see more drivers available soon. There has been an increase in the available driver pool, partially because most drivers will be exempt from the new Covid-19 vaccine mandate. It seems that only the team drivers and […]
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Society has faced a wide variety of tough challenges for nearly the last two years, none greater than the COVID-19 pandemic. However, with those challenges, we have also seen what some may consider positive adjustments in their daily lives. For many it is having the flexibility of working from home. While there is an ongoing […]
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Those who read our blog posts are likely to be no stranger to the challenges faced in our industry, or any industry that relies on over the road transportation. While there are many supply chain shortages around the world right now, it feels like there is none greater than the driver shortage we have all […]
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Preventative Maintenance (PM) plays an obvious and crucial role in a fleet’s performance and efficiency. Manufacturers will have set maintenance schedules for their products, but most fleets will have their own maintenance schedules and in-depth inspections as a part of their PM programs. Inspections and PM can help avoid costly break downs, possibly life-threatening accidents […]
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Is it us, or does 83 days seem like a long period of time before winters at our doorsteps? Perhaps some of us in the Northeast feel like it’s closer due to the cold mornings we’ve been waking up to. Just last night in our backyard of Pittsburgh, Pennsylvania temperatures dropped down to 49 degrees […]
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In the wake of Hurricane Ida, Louisiana has been left with a significant fuel shortage. The Energy Department has authorized the use of the strategic oil supply to help combat the shortage. The Energy Department is set to release 1.5 million barrels of crude to ExxonMobil Baton Rouge, giving the company the responsibility of replenishing […]
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Discuss Risk Management with your Fuel Distributor before a Big Storm Hits With over 1 million homes and businesses without power this week, we find ourselves with memories of the past, specifically a memory from back in 2017.
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