Tyler Transport Solutions’ Journey to Efficiency with Guttman Energy Based in Glen Mills, PA, Tyler Transport Solutions, a general freight and trucking company, was in need of an all-encompassing fuel solution. Tyler Transport Solutions struggled with the inefficiency of managing multiple fleet fuel cards, each with varying discounts and limited fueling locations. This fragmented approach […]
Read MoreBenchmark Diesel Price Eclipses $4/gal for First Time Since October
They say fuel prices shoot up like a rocket and fall like a feather. We’ve seen yet another example of that this week as the benchmark diesel price used for fuel surcharges has eclipsed $4 per gallon. This is about a 20-cent increase from the prior mark of $3.89. While several factors can impact this […]
Read MoreProviding a Network of Nationwide and Convenient Fueling Solutions
Regional Valley Logistics Journey to Efficiency with Guttman Energy Based in Valley View, PA, Regional Valley Logistics LLC is a hauling company that mainly supplies well pads with water for fracking, all over the United States. With business across the country, Regional Valley Logistics needed a fuel solution with wide geographical coverage and wouldn’t pose […]
Read MoreXPO to Purchase Yellow Freight Service Centers Totaling $870 Million
In August of 2023, Yellow Freight Service filed for bankruptcy, and the near-100-year-old company ceased all business operations. As the fallout from that continues, 128 of their 169 properties sold for a whopping $1.9 billion. Among the buyers, the most notable is XPO, who is purchasing 28 of Yellow’s locations totaling $870 million. XPO purchasing […]
Read MoreSupply chain on the mend, but volatility remains
The global supply chain seems to be slowly recovering from the years of damage due the COVID-19 pandemic. Many carriers started 2023 with a positively cautious outlook as their near-term profitability inched closer to reality. The spot rate steadily climbed back closer to the $2.00 per mile threshold, but a recent crash in the spot […]
Read More2023 Supply Chain Outlook
After almost three years of global supply chain issues, many supply chain managers still have a bleak outlook going into 2023 with most believing the supply chain will not be back to normal until at least 2024. One reason there is hope that supply chains will stabilize after this year is due to the introduction […]
Read MorePreparing for Downturn: Is your fleet recession ready?
As 2022 comes to an end, many of the recessionary fears that have existed throughout the year have not gone away. Many experts theorize that these fears may come to realization in the new year. The memories of the recent freight recessions in 2008 and 2019 still haunt the thoughts of many freight professionals, as […]
Read MoreU.S. Transportation Department grants $1.5B
The U.S. Transportation Department announced last week that it has approved $1.5 billion in grants to improve 26 projects on highways, multimodal freight, and rail operations across the United States. After last week’s labor dispute, which almost brought the nation to the brink of a potentially catastrophic railroad strike, the negotiators had to resolve countless […]
Read More49 Miles Per Gallon by 2026
On April 1st, the U.S Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced the new fuel economy standard for 2026, which undid the standards enacted under the Trump administration. This new standard will make vehicles more fuel-efficient, decrease oil consumption, decrease the impact fluctuating oil markets have on consumer wallets, and reduce transportation emissions.
Read MoreInfrastructure Investment and Jobs Act
On November 15th, President Biden signed his $1 trillion infrastructure plan into law. The funding will span over a five-year period with more than half ($550 billion) being allocated to transportation, broadband and utility projects. The infrastructure legislation will also put $110 billion into improving roads and bridges, $66 billion in freight and passenger rail […]
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