The COVID-19 pandemic certainly changed 2020, the trucking industry is no exception. Over the past 10 months, commercial fleets have shifted gears in the way they are communicating to stay connected in a socially distant world.
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The COVID-19 pandemic has impacted every industry in 2020, in one way or another. The trucking industry is bracing itself for the aftereffects of COVID-19 and the so called, ‘COVID hangover’ as it is being labeled by major industry websites. We saw a lot of extensions being put into place in 2020 due to the […]
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We are a mere 7 days into a new year, and have already seen the first oil rally in the markets. Many factors have played a role in the first rally of the new year. Oil has been tumultuous over the last 11 months but has seen some stability and positivity since Biden’s election win […]
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Yesterday morning, U.K. Prime Minister Boris Johnson imposed a 6-week lockdown in England due to a surge in Covid-19 infections. Lockdown measures are like ones imposed last spring and include the closures of secondary and primary schools. CNN reported, people will be allowed to leave their homes for limited reasons like shopping for essentials, exercise […]
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After unprecedented gains in 2020, which were overshadowed by COVID-19, many in the trucking industry are excited about the outlook for 2021. The trucking industry expects to see an increase in sectors such as final-mile delivery, contracting, home improvement, and overall E-commerce. The American Trucking Associations, Chief Economist Bob Costello says, “I think freight will […]
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Many investors are awaiting the OPEC+ decision on whether they plan to increase oil production even as the Covid-19 virus brings fear of another spike in cases.
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