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.
Cummins to Add 15-Liter Natural Gas Engine to Lineup
Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.
October 14, 2021Ford Exits Rivian Board Ahead of Startup’s IPO
Ford Motor Co. has vacated its seat on the board of Rivian Automotive Inc. as the electric truck startup prepares to go public with an expected valuation of $80 billion.
Biden Aides Meet on Rising Fuel Prices
Top administration officials met the evening of Oct. 12 to discuss rising gasoline and natural gas prices, as President Joe Biden faces intensifying pressure to keep a lid on inflation that threatens the economic recovery and Democrats’ political ambitions.
Diesel Surges 10.9¢ to $3.586 a Gallon
The national average price for diesel surged 10.9 cents to $3.586 a gallon, according to Energy Information Administration data released Oct. 11.
Lucid Says Air Sedan Will Be First US Car to Use Lidar
Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.
GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs
General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.
Stellantis to Turn Turin Factory Into Electric Car Hub
Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.
Crude Closes Above $80 With Energy Crisis Boosting Demand
West Texas Intermediate crude closed above $80 a barrel for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter.
Elon Musk Now Dominating the World’s Richest List
Elon Musk is pulling away from the rest of the world when it comes to personal wealth.
TravelCenters Opens TA Express in Almeda, Texas
TravelCenters of America said Oct. 7 that it opened a new TA Express travel center in Almeda, Texas.
October 8, 2021