On Monday, the Biden Administration announced it was selling 26 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). The United States Department of Energy has considered cancelling the sell from the SPR for this year since the Biden Administration sold a record 180 million barrels last year. A cancellation at this juncture would […]
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Fleet fuel cards are becoming more and more popular as a fuel payment option for fleets large and small across the country. Whether you have one truck or have a mid-size or large fleet of trucks, fuel cards can be a valuable payment option when purchasing fuel over the road. What makes a fuel card […]
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According to FICO, in the first half of 2022, U.S. card skimming fraud grew by more than 700%. The world saw record breaking increases in fuel prices, costing business dearly in operating expenses. Employees shifted jobs at an ever-increasing rate as we saw the ‘Great Resignation’ and then ‘Great Renegotiation’. All of this after surviving […]
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TMT Transportation is a flatbed carrier with various locations in the U.S. that specializes in steel transportation throughout the Eastern, Mid-West, and Southern United States and Canada. Much like Guttman Energy, they attribute their success and ability to serve such a wide audience to their strong relationship with their customers. Feeling the Effects of Fleet […]
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The Safer Highways and Increased Performance for Interstate Trucking, or SHIP IT Act was introduced to the House of Representatives this past week. This bipartisan bill would modernize certain vehicle waivers in response to disease and supply chain emergencies. It would also incentivize new truck drivers to enter the workforce through tax credits, streamline the […]
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FOR IMMEDIATE RELEASE January 31, 2023 Leading transportation and fuel hauling company Source One Transportation begins carbon neutral fuel initiative. BELLE VERNON, PENNSYLVANIA — Source One Transportation, LLC, is taking a greater role in powering a cleaner, more environmentally friendly future for its customers, employees, and the communities it serves. With the support of Guttman […]
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Looks like over-the-road trucking will continue to burn rubber in 2023. According to the American Trucking Associations’ 2023 forecast, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead. According to the same article, “overall, total freight tonnage is expected to grow 21% by 2023, and revenue for the […]
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In recent years, more and more companies have committed to net zero goals by 2050 as part of their broader ESG plans. Zero emissions has become a big focus for many businesses, including, transportation fleets big and small, but making it a reality is a very daunting challenge. Many companies are asking the question, “Where do […]
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For the fourth straight week, gasoline prices have risen according to data from AAA on Monday. Gasoline prices have risen 32.7 cents over the last month as crude prices also have increased. Over the past week alone, gasoline is up 11.8 cents which is 9.4 cents higher than they were a year ago before the […]
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Gasoline blends fall into two categories as it pertains to Environmental Protection Agency (EPA) standards: summer-blend and winter-blend. The difference between the two, somewhat literally, boils down to differences in Reid Vapor Pressure (RVP). Reid Vapor Pressure is a measure of a fuel’s volatility, that is, its tendency to evaporate at higher temperatures. The most […]
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