Fuel

NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.

The national average diesel price increased 4.7 cents to $3.631 per gallon, according to U.S. Energy Information Administration data released Oct. 15. 

Iowa is incentivizing biodiesel production with $1.85 million in new biofuel grants announced by state Agriculture Secretary Mike Naig to support rural jobs.

The company said its aerodynamic portfolio can allow fleets to achieve savings of up to 5.8 gallons of fuel for every 1,000 miles driven, or 2.4 cents per mile.

At MCE 2024, a panel of industry experts convened to explore how renewable natural gas might revolutionize fleet emissions, and what it will take to get there.

OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use.

NASHVILLE, Tenn. — Researchers are finding that carriers whose drivers use fuel-efficient driving techniques can not only reduce emissions and fuel consumption, but also reduce crashes.

The U.S. announced new sanctions on Iran’s oil and petrochemicals sectors in response to the country’s Oct. 1 ballistic-missile attack on Israel.

CORTEZ, Fla. — Floridians recovering from Hurricane Milton spent much of Oct. 12 searching for gas as a fuel shortage gripped the state.

NASHVILLE, Tenn. — For the second year in a row, the state of the nation’s economy was the top-ranked industry issue that led the ATRI 2024 list of Top Industry Concerns.