Digitization Can Aid Hazmat Haulers
The world is a different place today than it was at the beginning of 2020 mainly because of the coronavirus, which has led to big changes in the economy, socializing and executing business. Global chemical…
Tagged: Covid-19
Glut Causing Uncertainty For LNG
U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…
Amazon Adding More Than 700 CNG Trucks
Amazon Inc. is adding more than 700 compressed natural gas (CNG) trucks to its fleet as it looks for ways to reduce emissions in its operations, according to industry reports. Due to various degrees of…
Refinery Closings Increasing
Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…
Feds Again Extend HOS Rules
Federal regulators issued a fourth extension of a rare 50-state exemption of hours-of-service (HOS) rules due to ongoing health risks caused by COVID-19. The Federal Motor Carrier Safety Administration (FMCSA) announced in February it was…
5 Trucking Merger & Acquisition Takeaways
The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…
Focusing on What you can Control is Key to Building Value in Uncertain Times
Many trucking companies are asking Tenney Group a serious question. “How do we build value during these uncertain times.” Whether your concern or worry is tied to Covid-19, the election, or the economy, our answer…
DOT Widening Off-Site Audits Of Truckers
U .S. DOT has increasingly targeted trucking companies with compliance reviews conducted via email and telephone in place of on-site reviews in which inspectors show up in person. What’s more, the Federal Motor Carrier Safety…
Truck Driver Drug Violations Rose In June
New information in the latest Drug and Alcohol Clearinghouse Report could accelerate calls for federal approval of other testing methods, such as hair and oral fluid testing, according to one safety and compliance expert. The…
Coronavirus Is Top Disruptor, Report Says
Cybersecurity issues have affected less than 10 percent of firms over the past 10 years, compared to 60 percent that have suffered directly as a result of COVID-19 disruption. In 2020 the pandemic has emerged…