The Bureau of Labor Statistics has released its latest jobs report. The unemployment rate held steady in August at 3.9% – the lowest since 2000. The number of unemployed workers – including the long-term unemployed – changed little compared to July. Employment rose in professional and business services, healthcare, wholesale trade, transportation and warehousing, and …
A rundown of trucking-related arrests, convictions, and crime news from August 2018. August 6, 2018 LA PRAIRIE, WI Police found “several ounces of a white, crystal powder” and “needles, pipes and unknown liquids” in the cab of a northbound semi-trailer after it crashed on Highway 80 in La Prairie, WI. The truck driver …
National Average Price Per Gallon: $3.23 Changes to maritime fuel standards are expected to boost the diesel oil market. On January 1, 2020, the International Maritime Organization will enforce new emissions standards for the world’s ships. The move is expected to create an oversupply of high-sulfur fuels as maritime shippers switch …
National Average Price Per Gallon: $3.21 Analysts expect “more volatility” in the oil market. According to Eelco Hoekstra, CEO of Vopak, traders should expect to see “wild swings” in oil prices as a result of U.S. sanctions against Iran. Meanwhile, the International Maritime Organization is set to start enforcing new standards to …
National Average Price Per Gallon: $3.22 The U.S. dollar is gaining strength. Unfortunately, this could hurt the oil market, according to some analysts. That’s because a strong U.S. dollar makes oil more expensive to much of the world. This pushes down oil prices as a result. “There are lots of variables …
National Average Price Per Gallon: $3.22 According to Amrita Sen, chief oil analyst at Energy Aspects, sanctions on Iran could push the price of oil above $90 per barrel. Brent crude prices have risen about 0.35 percent higher this summer. The price increase came after President Trump decided to pull the U.S. …
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