Fuel

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.

Volvo Trucks announced it would commercialize all-electric trucks in North America in 2020 after introducing them in California next year, a move made in conjunction with a partnership that includes Volvo Group, California’s South Coast Air Quality Management District and industry leaders in transportation and electrical charging infrastructure.

A campaign bankrolled by the oil industry has raised $20.46 million to defeat a carbon-pollution fee on the ballot in Washington state aiming at tackling climate change.

U.S. consumer spending edged up a moderate 0.3% in August, the smallest gain in six months, as sales of cars and other durable goods fell.

Carrier Transicold Europe showcased several new products at the IAA Commercial Vehicles Show in Hanover, Germany, as well as its sustainable transport solutions.

Former Pilot Flying J President Mark Hazelwood was sentenced to 12½ years in prison and fined $750,000 on Sept. 26 for his leadership role in a multimillion-dollar scheme to cheat truckers out of diesel fuel rebates.

LINCOLN, Neb. — The developer of the Keystone XL oil pipeline plans to start construction next year, after a U.S. State Department review ordered by a federal judge concluded that major environmental damage from a leak is unlikely and could quickly be mitigated, a company spokesman said Sept. 24.

Allison Transmission announced it will offer its new medium-duty, fully automatic 9-speed transmission globally and that it also developed an electric hybrid system with an extended range up to 9 miles.

Independent engine maker Cummins Inc. introduced innovations for the diesel engine intended to achieve a low nitrogen oxide-emissions future, a reduction in the carbon footprint and improve fuel mileage. It also presented a hybrid-electric powertrain.

The shipping industry is pressing for a phased start when new rules governing vessel fuel take effect in less than 16 months’ time.