June 12, 2023

Exciting News On Load Factor /Oil Not So Great

There is a bill in Congress to pilot allowing 6-axle tractor-trailers to get permits to gross 91,000#. If they use a tri-axle, it can’t exceed 45,000. AutoO₂ is ready to manage these bigger shipments today. What I am not ready for is the honesty of the message I got when I was researching bill H.R. 3372. Impacts on oil prices: Saudis cut exports by 1MM barrels/day Benchmark “Brent” crude will include a U.S. component. Recall the Brent field has mostly dried up, so Brent is really a combination of multiple other crudes. Now Brent will include a U.S. component. Why? Because the U.S. is a large oil exporter (Number 3 after Saudi Arabia and Russia).
Table of Contents

Subscribe for Updates

There is a bill in Congress to pilot allowing 6-axle tractor-trailers to get permits to gross 91,000#. If they use a tri-axle, it can’t exceed 45,000. AutoO₂ is ready to manage these bigger shipments today.

What I am not ready for is the honesty of the message I got when I was researching bill H.R. 3372.
PastedGraphic-2 (3)-1
Impacts on oil prices:
Saudis cut exports by 1MM barrels/day
Benchmark “Brent” crude will include a U.S. component. Recall the Brent field has mostly dried up, so Brent is really a combination of multiple other crudes. Now Brent will include a U.S. component. Why? Because the U.S. is a large oil exporter (Number 3 after Saudi Arabia and Russia).

 

Explore Resources

5 Essential Insights into the Five Steps of the Supply Chain

Learn More

Unlock Smarter Replenishment with Agentic AI

Learn More

The Role of Digital Twins in Modern Supply Chain Optimization

Learn More