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.
Estes Partners With Clean Energy to Expand RNG Vehicle Fleet
Clean Energy Fuels Corp. announced Sept. 9 that Estes Express Lines is adding 50 of its renewable natural gas trucks.
September 11, 2020Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.
Nikola Slumps After Denial of Short Seller Report
Just days after announcing a $2 billion agreement with General Motors, Nikola Corp. is fighting back against a “short seller” accusing the startup of deception and lying about its electric technology.
Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory
Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.
September 11, 2020Nikola Disputes Charges of Deception
Nikola Corp. shares fell as much as 13% after Hindenburg Research published a report accusing the startup electric-vehicle maker of “deception” and lying about its technology.
Blue States Sue to Stop Trump’s Arctic Refuge Drilling Plan
A group of 15 Democrat-led states sued to block the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, alleging the plan fails to account for the danger to wildlife and climate-change impacts.
Oil Market Buckles Under Pressure of Pandemic’s Second Wave
Six months after the coronavirus pandemic’s initial punch, signs of a second wave are already emerging in the oil market.
September 9, 2020Fortistar, Paloma Dairy Partner on RNG Production to Fuel Trucks
Private investment firm Fortistar and large family-owned Paloma Dairy announced they are constructing a dairy digester facility to capture methane and produce renewable natural gas to fuel the Class 8 market, as well as for a public utility.
National Diesel Average Slips by 0.6¢ to $2.435
The national average price of diesel fell by six-tenths of a cent to $2.435 a gallon, according to the Energy Information Administration. The weekly report was released Sept. 8, a day later than usual because of the Labor Day holiday.
The Lion Electric Co. Secures Order From CN for Electric Trucks
The Lion Electric Co. announced a memorandum of understanding for Class I freight railway CN to acquire 50 heavy-duty zero-emission trucks for intermodal use to reduce greenhouse gas emissions.
September 8, 2020