Business, Technology, Equipment, Fuel

UPS, Thor to Partner on Battery-Electric Class 6 Delivery Truck

Class 6 Delivery Truck Rendering of the Thor, UPS collaboration. (UPS Inc.)

UPS Inc. has announced a collaboration with Los Angeles-based Thor Trucks on a battery-powered, Class 6 delivery truck that can drive approximately 100 miles on a single charge.

Joe Antoshak | Staff Writer
August 6, 2018
Government, Technology, Equipment, Fuel

Trump May Relax Auto Standards While Making Them Harder to Meet

auto standards Getty Images

The Trump administration’s plan to ease vehicle-emission mandates lifts some burdens for automakers but also would strip away options that have made it easier for them to comply and have encouraged the development of electric cars.

Jennifer A Dlouhy and Ryan Beene | Bloomberg News
August 6, 2018
Government, Business, Safety, Fuel

Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate

Ship Tim Rue/Bloomberg News

Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.

Jack Wittels and Alfred Cang | Bloomberg News
August 6, 2018
Business, Technology, Fuel

Toyota Introduces Version 2.0 of Zero-Emissions Class 8 Electric Truck

Toyota electric truck Toyota

Toyota’s new zero-emissions, hydrogen fuel cell Class 8 electric truck is a leap forward to creating a completely environmentally friendly vehicle that lowers air pollution especially around the nation’s ports.

Dan Ronan | Associate News Editor
August 3, 2018
Government, Business, Fuel, TCA, Top 100

Oil Companies Fret as Congress Debates Russia Sanctions

Gazprom oil producing facility in the Yamal region, Russia. A Gazprom oil producing facility in the Yamal region, Russia. (Petr Shelomovskiy/AP)

WASHINGTON — Oil and gas executives have watched wearily in recent years as the relationship between the United States and Russia deteriorated, steadily closing off their ability to drill the vast shale plays underlying Siberia and the deep-water oil fields off Russia’s Arctic coast.

James Osborne | Houston Chronicle
August 3, 2018
Business, Technology, Fuel

Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss

Tesla closeup (David Zalubowski/AP)

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.

Tom Krisher | AP Auto Writer
August 3, 2018
Government, Business, Technology, Equipment, Safety, Fuel, Editorial

Editorial: Course Corrections Are Part of Progress

In times of great change there are bound to be course corrections, as evidenced by recent developments related to innovations designed to advance the science of moving trucks down the road.

Transport Topics
August 2, 2018
Government, Business, Technology, Fuel

US Electric Vehicle Charging Market Could Reach $18.6 Billion by 2030

electric vehicles at charging station Electric cars at a charging station. (Bloomberg)

Falling prices and government mandates are set to boost sales of electric vehicles globally, making owning and operating charging infrastructure an attractive area for investment.

Rachel Morison | Bloomberg News
August 2, 2018
Government, Business, Fuel

Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’

Volkswagen logo on building Krisztian Bocsi/Bloomberg News

FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism” is a threat to the globally connected car industry.

David McHugh | AP Business Writer
August 1, 2018
Business, Fuel, TCA

Marathon Reports $1 Billion in 2Q Earnings

Marathon station at night Paul Rosemeyer/Flickr

Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.

Matt Sanctis | Dayton (Ohio) Daily News
August 1, 2018