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.
Diesel Price’s Virtual Holding Pattern Continues
For the second week in a row, the price of diesel remained essentially flat compared with the prior week, dipping just one-tenth of a cent to $2.426 a gallon, the Energy Information Administration reported Aug. 24.
Trump’s Arctic Oil Drilling Plan Will Be Tested in Court
Environmentalists and Alaska natives are challenging the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the region’s other wildlife.
US Gulf Coast Faces Threat From Pair of Tropical Storms
Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies.
Oil Set for Weekly Drop in Wake of Sluggish Global Economies
Oil is poised for the first weekly decline this month as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound.
Navistar Joins Effort to Adopt Electric Vehicle Standards
Navistar Inc. joined a global coalition of industrial and automotive businesses pushing to create standards for electric vehicles, the company announced Aug. 20.
August 21, 2020ACT Virtual Series Highlights Environmental Sustainability Challenges
Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.
World’s Largest Offshore Rig Owner Valaris Goes Bankrupt
Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.
GM to Double Down on China After Tesla Grabs EV Lead
General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.
August 19, 2020Infrastructure Stakeholders to Host Forum in September
Groups and institutions consistently urging policymakers to dedicate additional funds for freight and commuter corridors will host “United for Infrastructure,” scheduled for the week of Sept. 14.
Xos Trucks Secures $20 Million in New Funding Round
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.