High fuel prices and shortages hit trucking industry, as nation critically needs gasoline and goods transported
The recent cyberattack on Colonial Pipeline combined with a pandemic-recovering economy have hit the trucking industry, which plays a crucial role in consumer spending......»»
Midwest floods hammer U.S. ethanol industry, push some gasoline prices toward five-year high
The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country's interior while the U.S. coasts suffer from shortages of the biofuel......»»
Day 9 of Brazil trucker strike amid some easing of shortages
Brazilian truckers frustrated by rising fuel prices are striking for a ninth day in several states, though sporadic deliveries of gasoline and goods are starting to ease a shutdown that has led to widespread shortages and disturbances......»»
Why trucking companies secretly hate rock-bottom fuel prices
The dip in fuel is actually hurting some trucking companies because of a pricing quirk that allows some companies to benefit from high fuel prices......»»
Exclusive: Venezuela gasoline shortages worsen as U.S. tells firms to avoid supply - sources
Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned South American nation and only provide diesel, according to five people familiar with the situation......»»
Oil pares gains as U.S. fuel stocks draw less than expected
Crude prices pared gains Wednesday, pulling off a 2019 high as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday......»»
Gas prices approach three-year high as oil gets more expensive
Gasoline prices have steadily crept up to a nearly three-year high nationwide, fueled by increasingly expensive oil. Fuel prices averaged $2.68 on Thursday, up 15 cents from a month ago and up 28 cents from a year ago, according to AAA......»»
Free market vs subsidies at heart of Brazil truckers" strike
Thousands of Brazilian truckers are continuing a strike over fuel prices that has led to shortages and disruptions across Latin America's largest nation......»»
Brazil Truckers Strike to Cost Government $2.6 Billion Through End of Year
Brazil’s government said that concessions to end a crippling truckers strike will have a high cost for taxpayers even as the country’s businesses and consumers struggle with shortages of fuel, food, medicines and other vital goods......»»
Trade Tariffs Could Push Shipping to the Edge
Trade tariffs between the U.S., China and Europe add to the problems confronting the global shipping industry, which was already struggling this year with weak demand and high fuel prices......»»
Commodities Corner: Hurricane Florence sparks some fuel shortages, but gas prices won’t see a big spike
Four states in the path of Hurricane Florence are experiencing some shortages of gasoline as residents brace for the storm, but prices for the fuel aren’t likely to see a widespread spike, according to GasBuddy......»»
There’s a Lot of Gasoline, But Not Enough for Trump
Pump prices are stubbornly high just ahead of the midterms, despite a surge of fuel in storage......»»
Mexican fuel shortage worries industry as lines grow in capital
Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the problem persists, while lines at gas stations grew in the capital on Wednesday......»»
Mexico fuel shortage worries industry as lines in capital grow
Gasoline shortages in Mexico sparked by a crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the shortfalls persist as lines at gas stations in the capital grew on Wednesday......»»
Airlines, manufacturers form Sustainable Aviation Fuel Coalition to advance industry
The newly formed Sustainable Aviation Fuel Coalition wants to see federal policies that would help create a robust domestic market with lower prices and higher supply......»»
A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.
A major shortage of constru.....»»
Trends and developments in new transportation and energy technologies
The transportation industry is in “the midst of a revolution,” changing the paradigm of how we transport people and goods on the nation’s public roads, said James Chen. Chen, who heads the Transportation Technology and Energy practice at .....»»
Buffalo banks prioritize deposits as competition heats up
Deposits are the fuel banks use to power growth, and competition for customer dollars has become fierce over the last year amid high interest rates and industry tumult......»»
Capitol Report: Biden predicts return to normalcy in ‘next couple of days’ after gasoline shortages due to Colonial Pipeline attack
Biden's comments come after Colonial Pipeline late Wednesday said its key fuel artery has resumed operations on the U.S. East Coast following a shutdown in response to a ransomware attack......»»
What the Jones Act Has to Do With Your Car’s Gas Tank
The struggle by the energy industry and federal government to keep the Colonial Pipeline outage from causing widespread fuel shortages on the East Coast has renewed discussion about a 101-year-old law meant to protect the domestic ship.....»»
Live updates: Gas shortages intensify in Southeast, with 65 percent of North Carolina stations now dry
Fuel prices creep up and states of emergency are now in place in Florida, North Carolina, Georgia and Virginia in the aftermath of the Colonial Pipeline cyberattack......»»