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Government, Business, Fuel, Logistics

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom

Storage tanks are seen at a Colonial Pipeline facility in New Jersey on May 12. (Mark Kauzlarich/Bloomberg News) Storage tanks are seen at a Colonial Pipeline facility in New Jersey on May 12. (Mark Kauzlarich/Bloomberg News)

Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.

May 13, 2021
Government, Business, Fuel, Logistics

US Shipping Rule Waived so Foreign Tanker Can Deliver Fuel

A crude oil tanker sits off the coast of Long Beach, Calif. (Patrick T. Fallon/Bloomberg News) (Patrick T. Fallon/Bloomberg News)

The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry.

May 13, 2021
Government, Business, Technology, Fuel

Colonial Pipeline Restarts Operations, but Normalcy Days Away

The entrance of Colonial Pipeline Company May 12  in Charlotte, N.C. The entrance of Colonial Pipeline May 12 in Charlotte, N.C. (Chris Carlson/Associated Press)

Colonial Pipeline, the nation’s largest fuel pipeline, restarted operations May 12, days after it was forced to shut down by a gang of hackers.

May 12, 2021
Government, Business, Fuel

More Stations in Southeast Running Out of Gas

 A sign reading "Out of Fuel" at an Exxon station in Lynchburg, Va. A sign reading "Out of Fuel" at an Exxon station in Lynchburg, Va. (Kendall Warner/The News & Advance via AP)

Drivers waited in long lines at gas stations in the Southeast on May 12 after a hack of the nation’s largest fuel pipeline led to distribution problems and panic buying, draining supplies at thousands of gas stations.

May 12, 2021
Government, Equipment, Safety, Fuel

DOT Issues Further Allowances for Haulers in States Affected by Colonial Pipeline Attack

Fuel tankers The U.S. Department of Transportation says states covered by presidential disaster declarations issued within the past 120 days may use interstate highways to transport overweight loads of gasoline and other fuels. (Samuel Corum/Bloomberg News)

Government agencies at the federal and state levels have taken measures — including steps to facilitate truck movement — as a response to the cyberattack on the Colonial Pipeline.

Eleanor Lamb | Staff Reporter
May 12, 2021
Business, Technology, Fuel

Volvo Sees Three Paths to Decarbonize Trucking

Volvo VNR and Lars Stenqvist Volvo VNR by Volvo Trucks North America: Lars Stenqvist by Volvo Group

Volvo Group expects a near-term convergence of biofuel, battery-electric and hydrogen fuel cell electric-powered trucks as the industry, in the U.S. and in Europe, begins to adopt transformative and disruptive technologies aimed at eliminating harmful emissions and “leapfrogging” current practices.

Roger Gilroy | Senior Reporter
May 11, 2021
Government, Business, Technology, Fuel

Some Gas Pumps Run Dry Due to Panic Buying

Customer pumps gas at a Costco in Charlotte, N.C., as long lines of other drivers wait. A customer pumps gas at a Costco in Charlotte, N.C., while a worker directs long lines of traffic. (Chris Carlson/Associated Press)

Motorists across a broad swath of the East Coast and South are struggling to find gasoline and diesel as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack.

Jeffrey Bair and Javier Blas | Bloomberg News
May 11, 2021
Government, Business, Fuel

Biden Waives Some Gasoline Mandates to Address Fuel Shortage

Gas stations Seth Wenig/AP

The Biden administration lifted some environmental regulations governing the sale of gasoline in three states and the nation’s capital on May 11, as the Colonial Pipeline shutdown stretched into its fourth day, causing fuel shortages along the East Coast.

Jennifer A. Dlouhy | Bloomberg News
May 11, 2021
Government, Business, Fuel

US Fuel Crisis Sparks Refiners to ‘Smash and Grab’ Tankers

oil tanker Chris Ratcliffe/Bloomberg

Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on the country’s main pipeline.

Elizabeth Low | Bloomberg News
May 11, 2021
Business, Technology, Equipment, Fuel

Shell Starship 2.0 Split Into Two Cross-Country Treks

Shell Starship truck Shell Starship on display at an industry trade show. This year's excursion will be divided into runs in May and August. (John Sommers II for Transport Topics)

Shell Lubricants is planning to hold two separate cross-country trips to showcase fuel-efficient truck technologies, the company announced May 10.

Connor D. Wolf | Staff Reporter
May 11, 2021

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