Volume 1 Issue 48
The gradual tightening of space out of the United States continues this week, and Europe looks a little busier too. Asia, however, is slower in parts, and the customary year-end build-up is missing.-by Adrian Brown
The ongoing trade war between the United States and China has left the lubricant industry in the crossfire, and some market players are shifting their practices in an effort to mitigate financial burdens caused by the increased tariffs.
Lubricant sales and marketing managers can count themselves among the best-paid professionals in the United States, according to a recent survey by LubesnGreases magazine. Over 200 sales and marketing managers responded to the publications exclusive 2018 Lubricants Industry Salary Survey, and they reported taking home an average $150,429 a year - 7 percent more than the $140,413 shown in its 2016 survey.
Quick lube operators cited Shells Pennzoil brand and Valvoline as their best-selling motor oils, National Oil & Lube News reported in its Fast Lube Operators Survey.