Diesel Average Rises 6¢ to $2.480
The U.S. average retail price of diesel increased 6 cents to $2.480 a gallon, according to the Department of Energy.
December 5, 2016Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Electric Vehicles May Take an OPEC-Sized Bite From Oil Use
A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10% of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.
December 5, 2016Electric Class 8 Introduced
SALT LAKE CITY — Nikola Motor Co. displayed its Nikola One hydrogen-electric Class 8 tractor at its headquarters here.
December 5, 2016Diesel Prices Expected to Climb Following OPEC Cuts in January
The U.S. average retail price of diesel fell 0.1 cent to $2.420 a gallon, according to the Department of Energy, but fuel prices are likely to rise soon, one analyst said.
December 5, 2016Pilot CEO Haslam to Give Deposition in Suit Seeking Damages in Fuel Rebate Scheme
An Ohio judge ordered Pilot Flying J CEO Jimmy Haslam to give a deposition Dec. 13 in connection with a lawsuit filed against the nation’s largest truck-stop chain by two carriers that have alleged they were victims of a massive diesel fuel rebate fraud.
December 5, 2016Nikola Reveals Class 8 Hydrogen-Electric Truck
SALT LAKE CITY — Deliveries of the Nikola One hydrogen-electric Class 8 tractor produced by Nikola Motor Co. will begin in 2020, and the company has moved forward with plans to design a day cab, called the Nikola Two. People in trucking said the technology has the potential to change the industry.
December 2, 2016OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil
OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.
December 1, 2016OPEC Agrees on Oil Output Cuts to Curb Global Glut
OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut — and prove the group’s credibility — brought its first cuts in eight years.
November 30, 2016Toyota Offers Hints of Its Heavy-Duty Hydrogen Fuel Cell Truck
Toyota is exploring a “semi-trailer truck application” of hydrogen fuel cell technology.
November 29, 2016Diesel Average Dips 0.1¢ to $2.420
The U.S. average retail price of diesel slid 0.1 cent to $2.420 a gallon, according to the Department of Energy, as crude prices reflected the uncertainty global production would be slowed.
November 28, 2016