Commercial Truck Parking in the United States
The blog explains how shortage of safe and accessible commercial truck parking across the United States is a growing concern and its solution and benefits.
Diesel Price Update and Ways to Improve Fuel Efficiency
The current average diesel price in the United States is $5.35 per gallon. Market analysts expect prices to stay above the current price until early 2023 when we could see a decline in price as per usual trends. One factor playing a role in the price predictions is the Strategic Petroleum Reserve and changing policy […]
General Overview of Driver Trends and Hiring
According to payroll data issued by the U.S. Department of Labor, the number of trucking jobs decreased by 11,400 in September. Making it only the 3rd month since the pandemic that there were negative job posts. Seasonally adjusted Labor Department figures show that there were approximately 1,580,800 jobs available in the truck transportation sector in […]
State of the Diesel Energy Markets & Contributing Factors
Diesel typically represents the largest single category of spending for transportation businesses. As a transportation fuel, diesel provides various benefits: better efficiency, performance, and safety. While maintenance and repair are necessary costs, an increase in diesel can substantially cripple businesses by inflating operating costs. In recent years, companies have struggled to maintain profitable trajectories with […]
Trucking Companies and the Recession
Before we know if trucking companies can survive a freight recession, let’s break down the different types of freight carriers that commonly operate in the US. Trucking companies, also known as ‘motor carriers’ are responsible for transporting large amounts of goods over land from one place to another. As the name suggests, trucks (aka power […]
Diesel Prices in the United States
Diesel is undoubtedly a vital commodity for modern economies. According to the US Energy Information Administration (EIA), diesel fuel consumption was around 1.11 billion barrels in 2021. This makes an average consumption of around 128 million gallons each day. You’ll learn about a detailed outlook on prices for diesel in the USA. Furthermore, the prices […]