Brent and WTI prices have reached 4 year highs, and the Brent-WTI spread continues to favor American oil exports on the international market. We explain how longer lateral lengths in Permian Basin horizontal wells are driving truckload demand.
After setting one record high after another in the early weeks of 2018, the weekly DAT Dry Van and Reefer Barometers have pulled back but remain in a strong growth range.
Twenty years after first entering the market, BFGoodrich is reintroducing itself with two new all-terrain tires designed for the growing energy, construction and logging markets.
The Trump administration wants to open up nearly all of the outer continental shelf to offshore drilling. That means more energy production, more economic growth, and more truckload miles.
The boost in one sector of the economy ultimately leads to boosts in other sectors, either directly or indirectly. This is the case with oil extraction in North Dakota and it has helped drive the growth of trucking services in that region and nearby Canada.
