As the world begins to recover from the COVID-19 pandemic in most areas, the demand for oil and gas has increased exponentially. Prices have risen, demand is strong from the transportation industry, and consumers are…
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…
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 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…
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…
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…
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…
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…
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…
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…
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