The Best Advice I Ever Got… Kriska's Jonathan Wahba

Turning weather forecasting into improved asset utilization

As any truck fleet knows, weather can be a game-changer when it comes to making that on-time delivery. But a new entry into the transportation and logistics markets is hoping to minimize that risk.

Riskpulse, an Austin, TX-based firm, has been managing weather for nearly a decade and is hoping to turn that expertise into useful information for truck fleets and shippers.

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Shippers say simplifying supply chain practices key for 2017

Survey of nearly 2,200 shippers by Averitt Express finds 73% expect freight volumes to increase in 2017; a 5% jump from similar expectations made ahead of 2016.

An annual survey conducted among nearly 2,200 shippers by trucking conglomerate Averitt Express finds a majority are “optimistic” about freight volumes heading into 2017, with more seeking ways to “simplify” their supply chain practices, which includes cutting back on the number of motor carriers they contract with.

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Wes Armour Named to Order of Canada

MONCTON, N.B.--On December 30th, 2016 Governor General David Johnston announced 100 new appointments to the Order of Canada. Established by Her Majesty Queen Elizabeth II, the Order of Canada is the cornerstone of the Canadian Honours System, and recognizes outstanding achievement, dedication to the community and service to the nation. This year will mark the fiftieth anniversary of the order, as well as the 150th anniversary of Canada. Wes Armour was one of only three New Brunswickers chosen in this year's selection process as a Member of the Order of Canada. Selected for his leadership as an entrepreneur and for his dedication to the well-being of his community, Wes was humbled and surprised by the recognition. ...Read the rest of this story

Diesel Prices Start 2017 With Another Increase

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Source: EIA

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Source: EIA

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In the first week of the year, diesel prices continued to rise, extending a 6-week streak of increases, according to the latest numbers from the Energy Department.

The average price of on-highway diesel fuel in the U.S. increased 1.1 cents last week, rising to $2.597 per gallon at the pump. The price is now 42 cents higher than it was in the first week of 2016.

Increases were relatively small in most regions of the U.S. with the largest change hitting the Central Atlantic states with a 3.7-cent bump. Prices were actually down in the Gulf Coast region last week, falling by 0.3 cents.

The average price of regular gasoline was also up by 1.1 cents last week, increasing to $2.388 per gallon at the pump. The price of gas is more than 39 cents higher than it was in the same week a year ago.

By region, the largest increase in gas prices was on the West Coast, where prices jumped 2.9 cents per gallon. Prices were down in Midwest region, though not by much, falling 0.3 cents per gallon for the week.

Crude oil prices started the week at a 3-week low due to concerns over increased U.S. production and exports from Iraq, according to a CNBC report.

While the oil market was up thanks to an agreement between OPEC member countries and Russia to reduce or freeze oil production output, the higher oil prices had the effect of encouraging more American oil production. This has so far offset the expected gains from reducing global oil production to meet lower demand.

Related: Worldwide Annual Electric Truck Sales May Reach 332,000 by 2026

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