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.
48-Volt Electrical System Could Revolutionize Heavy-Duty Trucks
Industry exhibitions of trucking technology would not be the same without trucks showcasing components, systems and features intended to hit the road in the future. Some examples of future componentry come to market quickly, others never make it into production. Meanwhile, others represent demonstrations of technology that might be integrated into Class 8 trucks decades down the road.
Volvo, Mack Offer Telematics IT with Omnitracs
Volvo Group’s two North American truck making units, Mack and Volvo, said they are offering the option to link their remote diagnostic systems with communications services from Omnitracs with the goal of providing fleet managers with more information on safety and operations.
June 16, 2016Oil in Longest Losing Streak in Four Months as US Supplies Gain
Oil fell for a fifth consecutive day June 14, heading for the longest run of declines since February, as U.S. industry data showed crude stockpiles expanded, exacerbating an oversupply.
Rising Fuel Pushes Up Producer Prices for Second Month
The rebound in fuel costs pushed up U.S. wholesale prices in May for a second month, overshadowing a drop in pricing power more broadly that signals inflation will take time to move toward the Federal Reserve’s goal.
Nikola Motor Gets 7,000 Reservations for Unseen Electric Class 8 Truck
Nikola Motor Co. said it has received more than 7,000 reservations for its yet-to-be-unveiled electric Class 8 truck, the Nikola One.
June 14, 2016Senate Clears Pipeline Safety Bill
The Senate on June 13 cleared a bill that would direct federal regulators to implement a series of pipeline safety mandates.
June 14, 2016California Funds Greater Use of Electric-Powered Heavy-Duty Trucks
California has expanded its testing of zero-emissions electric-powered heavy-duty vehicles as the state grapples with finding solutions to the worst air quality in the nation in several of its cities, experts said.
Diesel Rises 2.4¢ to $2.431
The U.S. retail diesel average climbed 2.4 cents to $2.431, the Department of Energy reported, while the volatile price of crude oil slipped below $50 per barrel.
Some Hedge Funds Are Betting Oil Will Surge Above $100
Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years — a clear sign some believe today’s bust is sowing the seeds of the next boom.
Pipeline Safety Reform Passes House
Legislation aimed at reforming pipeline safety programs easily passed the U.S. House of Representatives on June 8, setting up a vote in the Senate as early as this month.