Fuel

About Fuel News...

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.

Business, Fuel

T. Boone Pickens to Keynote ATA’s Natural Gas Summit

Energy executive T. Boone Pickens will be the keynote speaker at American Trucking Associations’ Natural Gas in Trucking Summit in November, ATA said Wednesday.

July 11, 2012
Business, Fuel, Government

U.S. Trade Deficit Shrinks in May

The U.S. trade deficit shrank 3.8% in May as imports fell to the lowest level in three months, the Commerce Department said.

July 11, 2012
Business, Fuel

Diesel Rises 3.5¢ to $3.683 in First Increase in Three Months; Gas Gains 5.5¢ to $3.411

Diesel rose for the first time in three months, rising 3.5 cents to $3.683 a gallon, while gasoline also increased, the Department of Energy said Monday.

July 10, 2012
Business, Fuel

Oil Holds Near $85 a Barrel

Oil rose over $85 a barrel in early trading Monday, after taking its biggest drop in two weeks on Friday, Bloomberg reported.

July 9, 2012
Business, Government, Safety, Fuel, Autonomous

J.D. Power: Buyer Satisfaction Declines Under Burden of 2010 Emissions Rules

Satisfaction with model-year 2011 trucks suffered as a result of technology added to comply with 2010 federal emissions regulations, which resulted in customers’ reporting more problems with the trucks, a recent J.D. Power and Associates’ survey found.

July 9, 2012
Fuel

U.S. Bank Expands to Service Classes 7-8 With Purchase of TransCard’s Fuel Card

U.S. Bank said it purchased TransCard’s Classes 7-8 fuel card product to expand its offerings to the heavy-duty truck market, with truckload firm U.S. Xpress Enterprises as its initial customer.

July 9, 2012
Business, Fuel

Fuel Drops for 12th Week, Diesel Average at $3.648, but Oil Price Spikes

Retail diesel prices declined for a 12th straight week, dipping 3 cents a gallon to $3.648, the Department of Energy reported, but a spike in crude oil prices could signal an end to the downturn.

July 9, 2012
Business, Fuel

Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months

Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.

July 3, 2012
Business, Fuel

Oil Falls Following Friday’s $7 Surge

Oil fell more than $1 in early trading Monday after jumping more than $7 on Friday to finish last week near $85 a barrel, Bloomberg reported.

July 2, 2012
Business, Government, Fuel, Autonomous

UPS to Add ‘Plastic’ Trucks to Existing Delivery Fleet

UPS said it has completed testing of its “plastic truck,” a composite-bodied vehicle that’s lighter and uses 40% less fuel than its current package cars, and will soon add 150 of the new vehicles to its delivery fleet.

July 2, 2012