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Government, Business, Fuel

Trump’s Biofuel Plan Triggers Political Fallout in Farm Country

Cornfield in Iowa Getty Images

President Donald Trump’s decision to defend the U.S. government’s power to broadly exempt oil refineries from biofuel-blending requirements is triggering a backlash in Iowa and other states that are top producers of ethanol and the corn used to make it.

Jennifer A. Dlouhy | Bloomberg News
March 6, 2020
Business, Technology, Equipment, Fuel

DTNA Launches Second Program With Customers to Test Electric Trucks

Daimler electric trucks Daimler

Daimler Trucks North America announced six heavy-duty Freightliner eCascadias and two medium-duty eM2 106 all-electric trucks were included in the launch of its customer experience fleet initiative as part of its electric truck program.

March 6, 2020
Government, Business, Fuel

OPEC+ Talks Collapse, Threatening Russia-Saudi Oil Alliance

Oil refinery plant in Russia Lights illuminate the low-temperature isomerization unit at the Novokuibyshevsk oil refinery plant in Novokuibyshevsk, Russia. (Andrey Rudakov/Bloomberg News)

OPEC+ talks ended in dramatic failure, signaling the possible end of a diplomatic alliance between Saudi Arabia and Russia that has underpinned crude prices and changed the balance of power in the Middle East.

March 6, 2020
Business, Technology, Equipment, Fuel, Autonomous

Taking Truck Technology Mainstream

Nikola Two The Nikola Two tractor on display at CES. Nikola has partnered with Ryder System for maintenance and distribution of its zero-emissions trucks. (Seth Clevenger/Transport Topics)

Highlighting the role of technology in freight transportation could broaden the industry’s appeal to a new generation of workers and entrepreneurs who just might consider careers in this essential business.

Seth Clevenger | Managing Editor, Features
March 6, 2020
Government, Business, Fuel

OPEC Gambles on Move to Force Russia Into Oil Production Cut

OPEC sign An OPEC sign hangs outside the OPEC Secretariat in Vienna. ( Akos Stiller/Bloomberg News)

OPEC ministers took a high-stakes gamble, recommending a large production cut to offset the hit on demand from the coronavirus, without overcoming Russian opposition first.

March 5, 2020
Business, Technology, Equipment, Fuel

Volvo Trucks Redesigns Four Key Heavy-Duty Models

Volvo Trucks Volvo Trucks

Volvo Trucks announced driver-focused redesigns on four heavy-duty cabover models, calling the effort its — and the industry’s — biggest product launch ever.

Roger Gilroy | Senior Reporter
March 5, 2020
Business, Fuel

Seven & i Scraps $22 Billion Plan for Marathon’s Speedway Gas Stations

Speedway A sign displays fuel pricing at a Marathon Petroleum Corp. Speedway gas station in Huntington, W.Va. (Luke Sharrett/Bloomberg)

Seven & i Holdings Co. scrapped plans to acquire Marathon Petroleum Corp.’s Speedway gas stations for $22 billion, according to sources familiar with the matter, ending a deal that would have been among the world’s biggest this year.

March 5, 2020
Business, Equipment, Safety, Fuel

Toyota Recalls 3.2 Million Vehicles Globally to Fix Fuel Pumps

Toyota Tacoma pickup trucks sit at a Colorado dealership Toyota Tacoma pickup trucks sit at a dealership in Lakewood, Colo., on Feb. 27, 2019. (David Zalubowski/Associated Press)

Toyota Motor Corp. is recalling 3.2 million vehicles worldwide, more than half of which are in the U.S., to fix faulty fuel pumps.

Chester Dawson | Bloomberg News
March 4, 2020
Business, Technology, Fuel, Autonomous

GM Shows 13 EVs in Bid to Match Tesla

GM's all-new modular platform and battery system, Ultium, on the GM Tech Center campus GM's all-new modular platform and battery system, Ultium, on the GM Tech Center campus in Warren, Mich., on March 4, 2020. (Steve Fecht/General Motors via Associated Press)

DETROIT — General Motors, trying to refashion itself as a futuristic company with technology to compete against Tesla, rolled out plans March 4 for 13 new electric vehicles during the next five years.

Tom Krisher | Associated Press
March 4, 2020
Government, Business, Technology, Fuel, TCA

Electric Vehicle Industry Thriving in Southern California, Report Says

Electric Vehicle Getty Images

California already is a world leader in the embryonic electric vehicle industry but needs more government help to flourish, according to a new report from the Los Angeles Economic Development Corp.

Russ Mitchell | Los Angeles Times
March 4, 2020