WTI

Overall, there will be lower rail volume levels continuing into the first quarter of 2021.

Brent and WTI refer to indexes that measure the price of oil

It’s hard to see a structural recovery in natty gas prices.

Halliburton, Schlumberger Limited, and Basic Energy Services have seen their stock prices decimated by weak demand and a fierce price war.

WTI’s recovery this quarter should accelerate production in the Permian Basin, driving further truckload demand.

Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.

Gig economy companies contend with Supreme Court ruling that mandates full time workers to be considered as employees and not contractors; oil supply reduces after Saudi Arabia’s drastic production cut; government shutdown strains supply chains across the country.

Spot flatbed lanes in the oil field are more volatile and priced at a premium to national averages. They’re closely correlated to fracking activity in the Permian Basin, which is why we keep a close eye on oil prices and production.

Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.

DHL’s advent into warehouse automation; India struggles with air pollution as coal consumption increases; WTI rates in danger of falling further.

The benchmark price of domestic crude oil has dropped by 25% since early October. Historically, that would be a great thing for truckers, but with carriers operating more efficient trucks and oil production tied into the freight economy more than ever, it could be a warning sign for the broader freight market.

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.

Wall Street is in a panic over fears that the truckload sector has peaked. Wall Street is wrong. We break down the reasons using data from SONAR.

Flatbed demand, railroads’ chemical carload volumes, and the price of WTI crude are all bullish signals for an historically hot freight environment to continue through the rest of the year.

The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.