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Business, Technology, Fuel, Logistics

Electric Last Mile Solutions Said to Be in Merger Talks

The Electric Last Mile Solutions van has 170 cubic feet of cargo capacity, with a range of 150 to 200 miles on a single charge. The Electric Last Mile Solutions van has 170 cubic feet of cargo capacity, with a range of 150 to 200 miles on a single charge. (Electric Last Mile Solutions)

Electric Last Mile Solutions, an electric vehicle startup, is in talks to go public through a merger with Forum Merger III Corp., according to people with knowledge of the matter.

Gillian Tan | Bloomberg News
November 19, 2020
Government, Business, Fuel

Pandemic Likely to Cut Thanksgiving Driving in Half

A vehicle waits at a traffic signal light on a near empty road in Seattle on March 18. A vehicle waits at a traffic signal light on a near empty road in Seattle on March 18. (Chona Kasinger/Bloomberg News)

With virus cases surging, hospitals filling up and more U.S. states imposing restrictions, Americans are likely to drive a lot less this Thanksgiving. Only 35% will travel by car this year, down from 65% a year ago, according to survey from retail fuel tracker GasBuddy.

Jeffrey Bair | Bloomberg News
November 18, 2020
Government, Business, Fuel

Oil Clings to Rally on Signs of Coronavirus Vaccine Progress

Oil storage tanks are seen in Louisiana. Luke Sharrett/Bloomberg News

Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build.

Andres Guerra Luz | Bloomberg News
November 18, 2020
Government, Business, Fuel, Logistics

Shipping Watchdog IMO Sets Rules to Curb Industry’s Pollution

Container ship Taurus, operated by Evergreen Marine Corp., sits with cargo at the Port of Hamburg in Germany on Nov. 10. Container ship Taurus, operated by Evergreen Marine Corp., sits with cargo at the Port of Hamburg in Germany on Nov. 10. (Dominik Reipka/Bloomberg News)

The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its measures won’t do enough to help tackle climate change.

November 18, 2020
Equipment, Fuel

The Top 3 Factors that Affect Fuel Efficiency in Trucking

Michelin Whitepaper

A new, free study by Michelin reveals the top three factors that affect a truck and trailer’s fuel efficiency—and how fleets can overcome them to reduce their fuel costs.

November 17, 2020
Government, Business, Technology, Fuel

Tesla, Utility Giants Form ZETA, Calling for 100% EV Adoption by 2030

Tesla signs are seen in a Denver mall in February 2019. David Zalubowski/Associated Press

Tesla Inc. is joining rideshare company Uber Technologies Inc., Lordstown Motors, Rivian and others to lobby for 100% electric-vehicle adoption by 2030.

Will Wade | Bloomberg News
November 17, 2020
Business, Equipment, Fuel

Meritor Reports Lower Profit, Revenue; Transition Plan Announced

Meritor exhibit A Meritor exhibit at a past industry show. (John Sommers II for Transport Topics)

Meritor reported lower fiscal fourth-quarter net income and revenue. The company also announced President and CEO Jay Craig will transition to executive chairman of the board of directors Feb. 28.

Roger Gilroy | Senior Reporter
November 17, 2020
Business, Technology, Equipment, Fuel

Cummins Outlines the Future of Hydrogen Fuel Technologies

Cummins hydrogen bus Buses are a likely early target for hydrogen fuel technology. (Cummins Inc.)

Engine manufacturer Cummins sees a future in fuel cell technology for itself and within the trucking industry, but noted during a virtual event that challenges lie ahead.

Connor D. Wolf | Staff Reporter
November 17, 2020
Government, Business, Fuel, Top 100

Diesel Jumps 5.8¢ a Gallon in Largest Increase of 2020

Trucks getting diesel at a station Truck fueling at a Petro truck stop off of Interstate 65 in Glendale, Ky. (John Sommers II for Transport Topics)

The national average price of diesel spiked by 5.8 cents per gallon, more than twice the previous high for the year, according to the Energy Information Administration’s weekly data released Nov. 16.

Dan Ronan | Associate News Editor
November 16, 2020
Government, Business, Equipment, Fuel

Truck, Engine Makers Refine Products to Meet 2021 GHG Emission Standards

Cummins X15 engine A Cummins X15 engine on display at a 2019 industry show. In October, Cummins announced the availability of its 2021 emission-compliant X12 and X15 series diesel engines. (John Sommers II for Transport Topics)

Original equipment manufacturers and engine suppliers have found a variety of ways to meet the challenges posed by the 2021 Phase 2 standards for greenhouse gas emissions and fuel efficiency.

Gary Frantz | Special to Transport Topics
November 16, 2020

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