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Business, Fuel

Most US Oil Job Losses in Pandemic to Remain, Report Says

Trucks leave the MarkWest Energy plant in Cadiz, Ohio, on Feb. 25. Trucks leave the MarkWest Energy plant in Cadiz, Ohio, on Feb. 25. (Justin Merriman/Bloomberg News)

Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte.

Katrina Lewis | Bloomberg News
October 5, 2020
Business, Technology, Equipment, Fuel

Q and A With Hyliion CEO Thomas Healy: ‘We Were Fortunate on Timing’

Hyliion Founder and CEO Thomas Healy is seen, center, ringing in the NYSE opening bell Oct. 5. In a screenshot from a video, Hyliion CEO Thomas Healy, center, is seen behind the NYSE opening bell Oct. 5. (NYSE via Twitter)

Thomas Healy was secretly arranging a deal to turn his Texas-based truck electrification startup into a publicly traded company when the coronavirus pandemic struck.

Ben Stupples | Bloomberg News
October 5, 2020
Government, Business, Safety, Fuel

Tropical Storm Delta Forecast to Become Hurricane, Hit Louisiana

A pelican flies over the Gulf of Mexico near offshore platforms off the coast of Grand Isle, La. A pelican flies over the Gulf of Mexico near offshore platforms off the coast of Grand Isle, La., in June. (Luke Sharrett/Bloomberg News)

Tropical Storm Delta is forecast to become a hurricane in the Gulf of Mexico later in the week of Oct. 5, clipping western Cuba and becoming the record 10th storm to hit the U.S. when it makes landfall between Louisiana and Florida by Oct. 9.

Brian K. Sullivan | Bloomberg News
October 5, 2020
Business, Technology, Fuel

GM Considers Boosting Stake in Nikola in Reworked Deal

Signage is displayed outside Nikola's headquarters in Phoenix on Sept. 15. Signage is displayed outside Nikola's headquarters in Phoenix on Sept. 15. (Ash Ponders/Bloomberg News)

General Motors Co. is considering revisions to its deal with embattled Nikola Corp., according to people familiar with the discussions, and may seek a higher stake in the startup now that its valuation has fallen after allegations of deception.

David Welch | Bloomberg News
October 2, 2020
Business, Technology, Fuel, Autonomous

Tesla Inches Near Annual Goal With Record Sales in Quarter

New Tesla vehicles sit on the dockside after being imported to the Port of Southampton in the United Kingdom. New Tesla vehicles sit on the dockside after being imported to the Port of Southampton in the United Kingdom. (Luke MacGregor/Bloomberg News)

Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.

Dana Hull | Bloomberg News
October 2, 2020
Business, Technology, Fuel, Logistics, Autonomous

Locomation, Wilson Logistics Partner to Deploy Autonomous Technology

Locomation-Wilson Trucks at Wilson's Portland, Ore., facility. (Locomation/Wilson Logistics)

Locomation announced it will equip a minimum of 1,120 trucks operated by Wilson Logistics so pairs can be deployed in what the technology company calls an autonomous relay convoy — describing it as the first fleet purchase order for autonomous technology.

Roger Gilroy | Senior Reporter
October 1, 2020
Government, Business, Technology, Safety, Fuel

Biden Emphasizes Infrastructure Resilience, Electrification in Debate

Biden Trump (left) and Biden debate in Cleveland on Sept. 29. (Kevin Dietsch/UPI/Bloomberg News)

Under his administration the highways of tomorrow would consist of thousands of charging stations for fleets of electric vehicles, former Vice President Joe Biden insisted during his first debate with incumbent President Donald Trump.

Eugene Mulero | Senior Reporter
September 30, 2020
Business, Technology, Equipment, Fuel, Top 100

Knight-Swift Sets Goal to Cut Emissions in Half by 2035

Knight-Swift Transportation trucks Knight-Swift Transportation Holdings Inc. via PowerPoint

Knight-Swift Transportation Holdings Inc., North America’s largest truckload carrier, announced a goal to cut its carbon emissions in half by 2035.

Roger Gilroy | Senior Reporter
September 30, 2020
Business, Technology, Fuel

Nikola Postpones Forum Where Electric Pickup Was to Debut

A promotional photo for the Nikola Badger electric pickup truck. A promotional photo for the Nikola Badger electric pickup truck. (Nikola Motor Co.)

Nikola Corp. is rescheduling its in-person Nikola World conference, where it was planning to show its electric pickup truck, as the company regroups in the wake of a stock sell-off and the departure of its chairman.

Ed Ludlow | Bloomberg News
September 30, 2020
Government, Business, Technology, Equipment, Fuel

House Advances Diesel-Reduction Program

Diesel fuel The Diesel Emissions Reduction Act looks to reduce older, diesel-powered trucks on the road, as well as facilitate the transition in the freight industry to newer equipment. (Daniel Acker/Bloomberg News)

Legislation that would authorize a federal emissions reduction program and fund research and development for technologies across the environmental sector recently passed in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
September 29, 2020

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