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.
Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
Diesel Rises 3¢ to $2.67 a Gallon
The first full week of 2021 saw the nationwide price of diesel continue to rise, as it had for the last weeks of 2020. Trucking’s main fuel notched a 3-cent increase, according to the Energy Information Administration’s weekly data released Jan. 11.
Pilot, RTS Announce Partnership Aimed at Fleets
Travel center operator Pilot Co. and RTS Financial announced their fuel and factoring partnership with a variety of services.
January 11, 2021Winter LNG Boom Creates Most Expensive Cargo Ships in History
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.
Oil Dips Below $52 With Dollar Rising as Rally Takes Breather
Oil fell as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months.
Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune
Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.
GM Changes Corporate Logo to Plug Its EV Strategy
General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.
Ship Orders Slump 50% With Owners Unsure Which Fuel to Use
Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.
New Geotab Division Helps Utilities Support EV Adoption
Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.
BayoTech Receives More Equity Investment
BayoTech Inc., a developer of on-site hydrogen production systems, announced it received an equity investment of up to $157 million.
January 7, 2021