Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Business, Safety, Fuel

29 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks

DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.

Jon Gambrell | Associated Press
August 22, 2024
Business, Equipment, Fuel

Groendyke Announces Acquisition of Linden Bulk Transport

Groendyke Transport on Aug. 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.

August 22, 2024
Government, Safety, Fuel

Minnesota Fuel Taxes to Jump 12% in 2025 Due to New Law

Minnesota’s motor fuel taxes will jump by nearly 12% starting Jan. 1 for diesel, gasoline, biodiesel and other fuels because of a state law passed last year.

Noël Fletcher | Staff Reporter
August 21, 2024
Business, Technology, Fuel

Ford Scraps Electric SUV, Boosts Hybrid Production

Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric SUV in a shift that may cost the carmaker around $1.9 billion.

Keith Naughton | Bloomberg News
August 21, 2024
Business, Fuel

Rivian Production Head Leaves for Stellantis in Latest Exit

A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.

August 20, 2024
Business, Technology, Fuel

Uber Hires Ex-Tesla Charger Executive to Oversee EV Shift

Uber Technologies hired former Tesla Inc. executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles.

August 20, 2024
Government, Business, Technology, Fuel, Autonomous

Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

Alberto Nardelli | Bloomberg News
August 20, 2024
Government, Fuel

Average Diesel Price Slips 1.6¢ to $3.688 a Gallon

The national average diesel price decreased by 1.6 cents, settling at $3.688 per gallon as of Aug. 19, according to U.S. Energy Information Administration data.

August 19, 2024
Business, Fuel

7-Eleven Owner Gets Takeover Bid From Canada’s Couche-Tard

The owner of 7-Eleven convenience stores and other retail chains has received a buyout offer from Canada’s Alimentation Couche-Tard.

August 19, 2024
Business, Technology, Equipment, Fuel, Autonomous

GM to Cut More Than 1,000 Software Engineers, Mostly in US

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

David Welch | Bloomberg News
August 19, 2024