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Business, Technology, Equipment, Fuel

ETruck Transportation to Convert Used Freightliner Class 6 Trucks to Electric

Freightliner M2 106 tow truck A Freightliner M2 106 tow truck. ETruck Transportation said it has one order for 200 converted trucks from a company in Chicago. (Freightliner)

ETruck Transportation announced a plan to take used, diesel-powered Class 6 Freightliner models and convert them to battery-electric power.

Roger Gilroy | Senior Reporter
September 2, 2020
Business, Fuel

Oil Rises on Signs US Crude Stockpiles Fell for a Sixth Week

Signage is displayed outside an oil refinery in Kentucky. Signage is displayed outside an oil refinery in Kentucky on July 28. (Luke Sharrett/Bloomberg News)

Oil rose on signs a glut was easing with U.S. crude stockpiles shrinking for a sixth week.

September 2, 2020
Business, Equipment, Fuel

Shale Loses Another Global Giant After Schlumberger’s Frack Sale

Schlumberger is abandoning its frack work in North America. (Bloomberg News)

Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.

David Wethe | Bloomberg News
September 1, 2020
Business, Technology, Fuel, Autonomous

Tesla to Sell up to $5 Billion of Shares After Stock Surge

Tesla announced plans to sell $5 billion of stocks over time to increase capital. Tesla vehicles sit in a lot at the company's assembly plant in Fremont, Calif. (David Paul Morris/Bloomberg News)

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.

September 1, 2020
Government, Business, Technology, Fuel

CARB Formally Adopts Low-NOx Omnibus Rule

California highway traffic Traffic on I-80 in Berkeley, Calif. (David Paul Morris/Bloomberg)

California regulators have unanimously approved a sweeping regulation that will lower oxides of nitrogen and particulate matter emissions for new trucks built beginning in 2024.

Eric Miller | Senior Reporter
August 28, 2020
Government, Business, Fuel, Logistics

New Jersey to Hike Gasoline, Diesel Tax to Offset Consumption Drop

New Jersey said it would hike its tax rates on diesel and gasoline starting Oct. 1. An aerial view of the Garden State Parkway in Paramus, N.J. The state said it would up diesel and gasoline tax rates on Oct. 1.(John R. Albano/Getty Images)

Tax rates on diesel and gasoline will go up in New Jersey to offset declines in fuel consumption, which have been exacerbated by the coronavirus pandemic.

Eleanor Lamb | Staff Reporter
August 28, 2020
Business, Technology, Fuel, Logistics

Amazon Buys 1,800 Electric Mercedes Vans in Latest Green Effort

A pedestrian rides a bike past an Amazon Prime delivery van in Atlanta on July 21. A pedestrian rides a bike past an Amazon Prime delivery van in Atlanta on July 21. (Lynsey Weatherspoon/Bloomberg News)

Amazon .com Inc. is buying 1,800 electric delivery vans from Daimler AG’s Mercedes-Benz, the retailer’s biggest commitment to date to cut the carbon footprint of its delivery operations in Europe.

Matt Day | Bloomberg News
August 28, 2020
Business, Technology, Equipment, Fuel, Autonomous

Bollinger Plans All-Electric Delivery Van

Bollinger DELIVER-E Bollinger Motors

Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.

Jerry Hirsch | Contributing Writer
August 28, 2020
Government, Business, Safety, Fuel

Oil Stuck Near $43 as Hurricane Laura Spares US Oil Industry

Hurricane Laura appears largely to have spared oil infrastructure in the Gulf Coast. The CITGO Petroleum Corp. Lake Charles Refinery is seen in Louisiana on Aug. 26, ahead of Hurricane Laura's landfall. (Bryan Tarnowski/Bloomberg News)

Oil stayed in its recent tight range after Hurricane Laura swept through the U.S. energy heartland without appearing to inflict major damage on key infrastructure.

Ann Koh and Alex Longley | Bloomberg News
August 28, 2020
Business, Technology, Equipment, Fuel

Daimler’s Nielsen Believes Truck Production, Sales Improving

Roger Nielsen Daimler Trucks North America CEO Roger Nielsen speaks at an industry event in 2019. He recently said sales for Class 6, Class 7 and Class 8 at DTNA have recovered well since the onset of the COVID-19 pandemic. (John Sommers II for Transport Topics)

Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020.

Dan Ronan | Associate News Editor
August 27, 2020