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.
TA Posts Strong Q3 Results
TravelCenters of America Inc. reported strong third-quarter earnings when the Westlake, Ohio-based company announced its financial results Nov. 5.
Operational Cost of Trucking Up 7.7%, ATRI Report Says
The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.
Diesel Dips 0.2¢ to $3.062 a Gallon
The U.S. average retail price of diesel fell 0.2 cent to $3.062 a gallon, the Department of Energy reported Nov. 4.
VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports
About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.
Oil Near Six-Week High as US-China Trade Deal Hopes Increase
Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.
Infiniti Will Market Cars That Still Fill Up on Gas as Electric
Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion.
Old World Industries Acquires Dasco’s DEF Business
Old World Industries announced it acquired Dasco Inc.’s diesel exhaust fluid and prilled [pellet] automotive-grade urea global business and assets.
November 1, 2019Exxon Profit Plummets With Plenty of Oil to Go Around
IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.
November 1, 2019Keystone Pipeline Shutdown Raises Costs for US Gulf Refiners
The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.
October 31, 2019‘Canada’ Is Becoming a Dirty Word in the Oil Patch
Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.