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DOE/EIA price drops; diesel futures up ahead of EU ban on Russian imports

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

Diesel markets have turned around sharply in futures and wholesale markets since the start of the year, and the looming Feb. 5 ban on European Union imports of Russian diesel…

Continue ReadingDOE/EIA price drops; diesel futures up ahead of EU ban on Russian imports

Bank of America bullish on TL stocks as ‘truck demand near floor’

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

Bank of America said Tuesday it was more bullish on truckload stocks in 2023 as truck demand appears to have bottomed. BofA Securities (NYSE: BAC) research analyst Ken Hoexter made…

Continue ReadingBank of America bullish on TL stocks as ‘truck demand near floor’

Rail intermodal to ‘struggle’ in 2023, consulting firm says

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

Consulting firm FTR Transportation Intelligence expects rail intermodal to face a tough year in 2023 amid weaker demand, a competitive truck market and a shift in U.S. port activity away…

Continue ReadingRail intermodal to ‘struggle’ in 2023, consulting firm says

Check Call: Accessibility for all

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST.…

Continue ReadingCheck Call: Accessibility for all

Briefly: FMCSA border inspector pleads guilty to extortion

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

A 54-year-old Lyford man entered a guilty plea to extortion, announced U.S. Attorney Alamdar S. Hamdani late last week.Patrick Gorena was a border investigator for the Federal Motor Carrier Safety…

Continue ReadingBriefly: FMCSA border inspector pleads guilty to extortion

2 West Virginia Turnpike travel plazas to have food, restrooms and parking during rebuild

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 18, 2023
  • Post category:Trucking

Truckers will still be able to stop, take a break, and pick up items for the road when the Beckley and Bluestone travel plazas on the West Virginia Turnpike shut…

Continue Reading2 West Virginia Turnpike travel plazas to have food, restrooms and parking during rebuild

Leonard’s Express adds onto military-themed truck fleet

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 17, 2023
  • Post category:Trucking

Trucking news and briefs for Tuesday, Jan. 17, 2023: Leonard’s Express unveils newest military-support truck wrapsGulf War Veteran Davey Wheeler, whose driving career spans 44 years, will drive the Leonard’s…

Continue ReadingLeonard’s Express adds onto military-themed truck fleet

Biloxi greens

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 17, 2023
  • Post category:Trucking

“A billion here, a billion there, and pretty soon you’re talking about real money.”Hydrogen money, like hydrogen, seems all around us. Major investments are being made in hydrogen hubs —…

Continue ReadingBiloxi greens

Rates end 2022 on a high note, signaling ‘bottoming process’ underway

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 17, 2023
  • Post category:Trucking

Truckload spot rates saw their first significant upswing in the past year from late November into early January, tightening the gap between spot and contract rates.While market conditions remain broadly…

Continue ReadingRates end 2022 on a high note, signaling ‘bottoming process’ underway

UPS should make MLK Day paid holiday for Teamster workers, group says

  • Post author:info@rockymountaintruckingllc.com
  • Post published:January 17, 2023
  • Post category:Trucking

UPS Inc. should make Martin Luther King Jr. Day a paid holiday and not require any unionized employee to work on it, a Teamster dissident group said Monday. In a…

Continue ReadingUPS should make MLK Day paid holiday for Teamster workers, group says
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