VW CEO Sees Autonomy Transforming Cars More Than Electrification
Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift.
June 22, 2021Colonial Pipeline Sued for Gas Crisis From Ransomware Attack
Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May that paralyzed the U.S. East Coast’s flow of gasoline, diesel and jet fuel.
June 22, 2021May Tonnage Rises 3.7% Year-Over-Year
Truck tonnage rose 3.7% in May compared with year-ago levels and is pacing well against comparisons to the early months of the coronavirus pandemic, according to American Trucking Associations.
June 22, 2021Diesel Price Virtually Unchanged
The national average price for a gallon of diesel fuel remained virtually unchanged, nudging up just one-tenth of a cent to $3.287, according to Energy Information Administration data released June 21.
June 21, 2021Some Denver Gas Stations Have Been Running Short of Fuel
Dozens of gasoline stations in Denver and southern Colorado ran dry last weekend as a shortage of truck drivers and pipeline work delayed fuel supplies.
June 21, 2021First Production Model Peterbilt 220EV Goes to Alaska
Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.
June 21, 2021Biden Won’t Accept Gas Tax in Latest Infrastructure Plan
President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned June 21 that they continue to explore other legislative pathways and will not support certain tax increases as part of a final deal.
June 21, 2021Shipping Watchdog Urged to Speed Up Pace on Emission Curbs
Trafigura Group said the shipping industry’s regulator needs to act with “lightning speed” to cut carbon emissions from an industry that spews more C02 into the atmosphere each year than France and the U.K. combined.
June 21, 2021Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021Hyliion Set to Join Russell 3000 Index
Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021