Month: January 2018

Diesel, Lumber, And The State Of Staffing – January 30, 2018

      National Average Price Per Gallon: $3.070   The International Monetary Fund announced its forecast for world economic growth on Monday. The group predicts growth of 3.9% for both 2018 and 2019. Because increased economic growth means more oil consumption, the announcement pushed crude prices up to $70 per barrel. The United States …

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ELD Mandate: The Aftermath

The deadline for the ELD (Electronic Logging Device) mandate for truck drivers passed on December 18, 2017. Truck drivers organized grassroots protests, and industry groups mounted legal challenges. But in the end, no one was able to stop the ELD mandate (which requires truck drivers to electronically log their service hours rather than self-reporting them …

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How To Retain & Recruit Construction Workers

Industry optimism is high going into the 2018 construction season. The President has discussed plans for a big funding push for infrastructure, and warehouse construction is set to boom thanks to e-commerce. But a big question remains: ts there enough skilled construction labor to go around?   The Construction Labor Shortage Goes On…And On… According to the …

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Diesel, Lumber, And The State Of Staffing – January 23, 2018

Diesel News National Average Price Per Gallon: $3.025 According to Majid Jafar, the CEO of Crescent Petroleum, global oil prices could soon “soar” to $80 per barrel. Jafar blames the potential rise in gas prices on falling output in Venezuela. In the U.S. market, the International Energy Agency is predicting a “record-setting” year for energy production. …

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Diesel, Lumber, And The State Of Staffing – January 17, 2018

The weekly changes in the price of diesel and lumber give a quick snapshot into the state of staffing in the construction and distribution industries.   Diesel Price Tracker National Average Price Per Gallon: $3.028 Tighter supplies and strong global demand have continued to push oil prices upward. Crude futures have risen by about 13% …

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