Tagged: Covid-19

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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…

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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…

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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…

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FMCSA Relaxing Driver Drug Tests

For carriers having trouble keeping up with truck driver drug screenings amid the COVID-19 pandemic, the Federal Motor Carrier Safety Administration (FMCSA) said recently it will attempt to use discretion in enforcing the 2020 requirement…

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