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Business, Technology, Fuel

Ford Plans Electric Version of Transit Cargo Van

Ford Transit cargo van A gasoline-powered version of Ford's Transit van. The company plans to start selling an electric model. (Ford Motor Co.)

Ford Motor Co. plans to manufacture an electric version of its popular Transit cargo van for the 2022 model year.

Jerry Hirsch | Contributing Writer
March 3, 2020
Government, Business, Technology, Safety, Fuel

Exxon Outlines Steps to Reduce Harmful Methane Emissions

ExxonMobil Richard Drew/Associated Press

NEW YORK — ExxonMobil on March 3 outlined how it is reducing the methane its operations release into the atmosphere, detailing its efforts as governments around the globe write new rules to regulate the harmful greenhouse gas.

Cathy Bussewitz | Associated Press
March 3, 2020
Business, Technology, Fuel, Autonomous

Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp.

Nikola Tre Nikola Motor Co.

Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles.

Roger Gilroy | Senior Reporter
March 3, 2020
Business, Fuel

TA Reports Mixed Q4, Full-Year Results

TravelCenters of America sign TravelCenters of America

TravelCenters of America reported fourth-quarter net income with a significant increase in fuel gross margin, but revenue dipped. It posted similar full-year results.

Roger Gilroy | Senior Reporter
March 2, 2020
Government, Business, Safety, Fuel

Diesel Falls 3.1¢ to $2.851 Per Gallon

Diesel Trucks fuel at a Pilot station. (Peggy Smith/Transport Topics)

The U.S. average retail price of diesel fell 3.1 cents to $2.851 per gallon, the Department of Energy reported March 2.

Dan Ronan | Associate News Editor
March 2, 2020
Government, Business, Fuel

As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall

Oil Refinery A refinery in West Texas. (Eddie Seal/Bloomberg News)

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

Cathy Bussewitz | Associated Press
March 2, 2020
Government, Business, Safety, Fuel, TCA

Massachusetts Transportation Funding Plan Would Increase Gas Taxes

Transportation Funding Plan Workers fill in a pothole in Boston. (Scott Eisen/Bloomberg News)

BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit.

Christian M. Wade | The (North Andover, Mass.) Eagle-Tribune
March 2, 2020
Business, Technology, Fuel

Chevron Showcases New Low-Ash Oil

James Booth James Booth by John Sommers II for Transport Topics

ATLANTA — Chevron Products Co. rolled out a new 53-foot educational trailer and a mock, walk-through diesel particulate filter designed to showcase the value of its new heavy-duty engine oil whose low-ash content is meant to reduce the clogging typical in a DPF.

Roger Gilroy | Senior Reporter
March 1, 2020
Business, Technology, Equipment, Fuel

Freightliner, Proterra to Develop Production-Ready MT50e Model

Freightliner Custom Chassis Corp., a unit of Daimler Trucks North America, announced it partnered with Proterra to develop a production-ready version in 2020 of Freightliner’s all-electric MT50e truck chassis.

February 28, 2020
Business, Technology, Fuel, Top 100

FedEx to Add 42 Electric Charging Stations in California

FedEx Chanje vehicle Ryder System Inc.

FedEx Corp. plans to electrify 42 FedEx stations in California, in the next phase of its electric vehicle rollout — calling it one of the largest deployments of integrated charging infrastructure by a single commercial fleet to date.

February 28, 2020