Fuel
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.
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.
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, 2024Minnesota 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.
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.
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, 2024Uber 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.
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.
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, 20247-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, 2024GM 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.