Clean Energy to Issue Common Stock
Clean Energy Fuels Corp., which operates natural gas fueling stations throughout the United States and Canada, said it plans to issue 6 million shares of its common stock.
June 22, 2009Daily 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.
ATA Seeks Commodities Markets Transparency
American Trucking Associations Monday called on Congress to increase the transparency of commodities futures markets and impose “reasonable aggregate position limits on energy commodities,” in an effort to stem the price spikes and record high prices of last summer.
June 22, 2009Maersk to Offer U.S. Chassis Pool
Maersk Line said it will offer its container chassis to drayage firms, ocean carriers, marine terminals and railroads for use throughout the country, a move company officials said will reduce delays for truck drivers and decrease fuel consumption and carbon emissions.
June 22, 2009Senate Panel Approves Renewable Energy Bill
The Senate Energy and Natural Resources Committee has approved legislation that would open more of the eastern Gulf of Mexico to oil and gas drilling, Bloomberg reported.
June 22, 2009Fuel Prices vs. Speculators
The use of diesel fuel has fallen sharply as freight levels have nose-dived during the global recession. The home-heating oil season has ended, so there is no competition for the distillate both heating oil and diesel are made from.
June 22, 2009SCR Engine Makers Deny Navistar Claims
Several truck and engine manufacturers who plan to use selective catalytic reduction technology to meet 2010 emission standards have denied allegations by Navistar Inc. and have asked a federal appeals court to give them standing to argue against Navistar’s lawsuit against the U.S. Environmental Protection Agency.
June 22, 2009EGR vs. SCR Battle Also Rages in Truck Classes 3-7 for 2010
Diesel emission standards change again in January 2010, but unlike the previous modifications when all manufacturers used essentially the same emission-controlling technology, medium-duty truck buyers next year will have a choice of competing systems.
June 22, 2009Diesel Rises for 6th Week
The average price paid for retail diesel jumped another 7.4 cents last week to $2.572 a gallon, marking the sixth straight week of increases in the price of trucking’s main fuel for a total rise of 38.7 cents, the Department of Energy reported.
June 22, 2009Oil Falls After Inventory Report
Oil fell to $69.38 a barrel in trading Wednesday after the Department of Energy announced that fuel inventories rose last week, Bloomberg reported.
June 17, 2009FMC Asks Court to Dismiss its SoCal Ports Suit
The Federal Maritime Commission said Tuesday it is asking a federal court to dismiss FMC’s legal challenge to the Ports of Los Angeles and Long Beach, Calif., over the sister ports’ clean-trucks plans.
June 16, 2009