Most of us have at one point or another experienced a password hack. Whether that be for a singular card, an email, or even worse, our social security number- there are few things that feel more invasive than this great breach of privacy. The US is consistently dodging attempts from malicious software to infiltrate our […]
Read More
Oil markets are trading mixed today as traders grapple with the return of steady demand amidst higher vaccination rates and the CDC’s new guidance for vaccinated people to wear masks indoors to combat rising COVID-19 cases.
Read More
Truck driver turnover rates generally are higher for over-the-road fleets than local trucking companies. According to American Trucking Associations Chief Economist Bob Costello, “Large for-hire truckload driver turnover rates were 90% for OTR operations and 20% for local operations in 2020. He identified various factors that are exacerbating the driver shortage, ranging from lifestyle issues […]
Read More
The United States’ oil and gas sector has proved to be incredibly resilient time and time again and following the devastating effects from COVID-19 in 2020 they’ve shown a new discipline to strengthen balance sheets, pay down debt and pay dividends to their shareholders. Traditionally the U.S. shale patch would immediately start boosting production after […]
Read More
Earlier this week, the U.S. and Germany announced they would come to an agreement resolving the long dispute over Russia’s $11 billion Nord Stream 2 pipeline project. The project is an offshore natural gas pipeline that runs under the Baltic Sea from Russia to Germany. The project began in 2018, with plans for completion sometime […]
Read More
OPEC Plus “Cuts” Deal to Boost Supply OPEC and its “plus” allies have reached another covid-induced agreement, but this time it will not be more production cuts. For the second time since the covid pandemic began, the OPEC plus members will be reversing the reductions and beginning to increase production. The increases are scheduled over […]
Read More
As COVID-19 slows down and we return to semi-normal, will the trucking industry return to their pre-pandemic training procedures as well? Driver training pre- COVID-19 was your typical in person event where drivers gathered in one location, had face-to-face training for days on end and then were able to begin their job. COVID-19 forced companies […]
Read More
As the country struggles with shortages of goods, jet fuel is no exception. Throughout the coronavirus pandemic the demand for jet fuel fell sharply across the country. According to the U.S. Energy Information Administration, jet fuel supplied in the U.S. in 2020 fell 38% compared to 2019 pre-pandemic levels. Jet fuel demand has increased about […]
Read More
Every year across America truckers and the trucking industry face countless struggles. One of the most overlooked issues that the trucking industry faces is the constant changing of the weather. Over the past couple of months there have been snowstorms in the Texas and California causing roads to shut down. There have also been hurricanes […]
Read More
With the pandemic end in sight, trailer manufacturers are playing catch up and battling strong demand that is not being offset by high prices. Manufacturers orders are backed up several months and they are renegotiating pricing with consumers due to the volatile market. Trailers are reaching new highs, carriers and manufacturers are paying premiums to […]
Read More
