Tonnage Dips 2.1% Year-Over-Year in January
January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.
February 23, 2021EPA Changes Stand, Sides With Ethanol Industry on Biofuels
DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.
February 23, 2021Diesel Spike of 9.7¢ Is Most in More Than Three Years
Diesel jumped 9.7 cents a gallon, the largest leap in more than three years, according to data released by the Energy Information Administration on Feb. 22.
February 22, 2021Experts Warn of Spiking DEF Prices
Prices for the diesel exhaust fluid that is a vital component of emissions systems on newer trucks are rising as costs for urea — a core DEF ingredient — have jumped.
February 22, 2021Xos to Go Public and Expand Battery-Electric Vehicle Production
Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.
February 22, 2021Lucid Motors Reportedly Near Deal to Go Public
Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.
February 22, 2021Nel Launches Modular On-Site Hydrogen Generators
Nel Hydrogen Electrolyzer announced it launched the MC250 and MC500 containerized Proton PEM electrolyzers, its modular on-site hydrogen generators.
February 19, 2021Texas Gas Stations Still Dark Following Big Freeze
More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.
February 19, 2021Daimler Posts Income Increase, Revenue Dip in Q4
Daimler AG reported a dip in revenue and a gain in net income in the fourth quarter compared with a net loss a year earlier.
February 18, 2021DTNA’s Outgoing CEO Roger Nielsen Reflects on Industry’s Transformation
Roger Nielsen’s four years as CEO of Daimler Trucks North America coincided with a time of rapid change in the commercial vehicle industry, highlighted by the introduction of electric-powered trucks and the continued advance of automated driving and connected vehicle technologies.
February 18, 2021