Archive for June 9th, 2020

Diesel Increases by a Penny; Gas Climbs Back Above $2

The nationwide average price of a gallon of diesel increased by one cent to $2.396, according to the weekly report from the government’s Energy Information Administration on June 8. Still, the trucking industry’s main fuel is 70.9 cents a gallon less expensive than the same week last year. Gasoline, meanwhile, marched back above $2 with […]

BNSF checks for track damage, Norfolk Southern prepares to resume traffic

U.S. freight railroads are watching how tropical depression Cristobal might affect operations as it moves inland. They have also been waiting for the floodgates in New Orleans so that rail operations can resume. The storm made landfall near Grand Isle, Louisiana, late Sunday evening and is expected to travel up the Mississippi River. Area flooding as the […]

Mexico’s auto industry in unprecedented crisis due to coronavirus

Mexico’s auto production could fall by 30% in 2020 while exports may slide 33%, according to Fausto Cuevas, director general of the Mexican Association of the Automotive Industry (AMIA), during a video press conference Monday. The country’s automotive production industry — which includes passenger vehicles and heavy-duty trucks — was hammered by Mexico’s closure of all nonessential […]