Business, Fuel

Warren Buffett Reveals He Paid $2.786 Billion for Stake in Pilot Flying J

A cardboard cutout in the likeness of Warren Buffett, CEO of Berkshire Hathaway Inc., sits in the driver's seat of a truck on display during the company’s annual meeting in Omaha, Neb. (Daniel Acker/Bloomberg News)

Warren Buffett said his Berkshire Hathaway Inc. made only one “sensible” stand-alone acquisition last year, and it didn’t do much for his growing pile of cash.

Katherine Chiglinsky | Bloomberg News
March 20, 2018

Diesel Dips 0.4¢ to $2.972; Oil Settles at $63 a Barrel


The U.S. average retail price of diesel fell 0.4 cent to $2.972 as energy production in the U.S. remained strong and the price of crude oil stalled near $62 a barrel.

Roger Gilroy | Staff Reporter
March 19, 2018
Business, Fuel

Wex Adds Fuel Card for Mixed-Vehicle Fleets


Wex Inc. announced the latest addition to its line of fleet cards, WEX Cross Roads, a one-card solution for fleets operating multiple types of vehicles. The card provides unleaded gasoline and diesel fueling options at both truck stops and convenience stores.

Transport Topics
March 19, 2018
Business, Technology, Equipment, Fuel

Hyliion Offers Own Trucks to Customers Wanting to Test Hybrid Electric Axle


The electrification company Hyliion announced it is making its hybrid electric 6X4HE axle available to potential customers to test on the company’s own Class 8 trucks.

Transport Topics
March 19, 2018
Government, Business, Fuel, Logistics, TCA

Crumbling County Roads: The Unintended Consequence of Energy Industry Traffic

Daniel Acker/Bloomberg News

Guadalupe Road in south Victoria County, Texas, was brand new in August 2016 after the county spent $200,000 to repave it for the first time in decades. But in the last few weeks, it began to crumble and crack, forcing county crews to patch up the deteriorating surface.

Marina Starleaf Riker | Victoria (Texas) Advocate
March 19, 2018
Government, Business, Technology, Fuel

Natural Gas Vehicles Group Asks Congress for Fuel Tax Credit Extension

NG trucks at a Blu LNG fueling station Trucks fill up with LNG and a Blu fueling station. (R. Derek Smith/Blu)

Daniel Gage, president of National Gas Vehicles for America, asked lawmakers March 14 for a five-year extension of alternative fuel tax credits and the alternative fueling infrastructure credit.

Eleanor Lamb | Staff Reporter
March 15, 2018
Government, Business, Equipment, Fuel

California, Trump Administration on Collision Course Over Auto Rules

Olivier Douliery/Abaca Press/TNS

California and the Trump administration are on a collision course over auto-efficiency regulations that could lead the White House to deploy the nuclear option: revoking the state’s cherished power to set its own limits on air pollution.

Jennifer A Dlouhy John Lippert and Ryan Beene | Bloomberg News
March 14, 2018
Government, Business, Fuel

EPA Chief Signals Showdown With California on Tailpipe Standards

Getty Images

The Trump administration’s chief environmental regulator signaled a coming showdown with California, warning the state won’t dictate the future of ambitious automobile fuel economy regulations enacted by the Obama administration.

Jennifer A Dlouhy Ryan Beene and John Lippert | Bloomberg News
March 13, 2018
Government, Fuel

Diesel Slips 1.6¢ to $2.976 a Gallon

Diesel tanker with Trucking Moves America Forward banner Daniel Acker/Bloomberg News

The U.S. average retail price of diesel fell 1.6 cents to $2.976 as the price of a barrel of crude slipped to $61 as analysts expected U.S. production to continue at a high level. Trucking’s main fuel has seen five consecutive declines totaling 11 cents.

Roger Gilroy | Staff Reporter
March 12, 2018
Business, Technology, Fuel

Momentum Adds Enhanced Electronics Communication System

Momentum Fuel Technologies introduced GreenLync 2.0, an enhanced electronics communication system for its line of compressed natural gas fuel systems for Class 6-8 trucks.

Transport Topics
March 12, 2018