Fuel

A proposal for a second ballot measure to repeal a new 12-cent-per-gallon gas tax was filed with the state Sept. 14, with backers boasting they have 200,000 Californians pledged to sign the petition to qualify the initiative for the November 2018 election.

Love’s Travel Stops & Country Stores reached an agreement to purchase Speedco, a national network of service locations that provides quick lube and inspection services to the trucking industry and is a unit of Bridgestone Americas Inc.

The U.S. average retail price of diesel fell 1.6 cents to $2.786 a gallon as efforts to resupply fuel networks in areas struck by recent hurricanes continued, experts said.

Daimler Trucks is trying to gain a foothold in the nascent electric-truck market with short-range haulers that can make New York City’s clogged streets cleaner and quieter.

Oil topped $50 a barrel for the first time and closed at a six-week high amid heightened optimism that a demand resurgence is in the offing.

Silicon Valley automaker Tesla is tentatively set to reveal its electric semi-truck in October, CEO Elon Musk said

Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry executives say.

ALLENTOWN, Pa. — Mack Trucks introduced the Mack Anthem, its long-awaited new highway tractor, to an arena packed with dealer representatives, who company executives thanked for their patience and who were promised a truck that boasts gains in fuel efficiency, driver comfort and technological innovation compared to previous models.

Hurricane Irma may now be gone, but its fallout will continue to haunt Florida for at least the next few days as the largest U.S. gasoline market after California and Texas thirsts for the fuel.

The U.S. average retail price of diesel rose 4.4 cents to $2.802 a gallon on the heels of Hurricane Irma slamming into Florida on Sept. 10 and disrupting fuel supplies there.