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Government, Business, Fuel

Oil Plummets in Worst Week Since 2008 Amid Coronavirus Panic

Persian Gulf oil platform Gas flares burn from pipes aboard an offshore oil platform in the Salman Oil Field near Lavan island, Iran. (Ali Mohammadi/Bloomberg)

Oil plunged to the lowest level in 14 months as panic from the fast-spreading coronavirus spiraled global markets deeper into losses for the seventh straight day.

Jackie Davalos | Bloomberg News
February 28, 2020
Business, Technology, Equipment, Fuel, Autonomous, Top 50

Deutsche Post Scraps Its Electric Delivery Van Built With Ford

Deutsche Post StreetScooter An electric cable charges a StreetScooter outside the Ford factory in Cologne, Germany. (Krisztian Bocsi/Bloomberg)

Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.

Richard Weiss | Bloomberg News
February 28, 2020
Government, Business, Technology, Equipment, Safety, Fuel

Trucking Mostly Supports EPA Emissions Plan, but Small Fleets Skeptical

EPA Emissions Plan Traffic on a Los Angeles highway. (Jamie Rector/Bloomberg News)

Stakeholder comments on the Environmental Protection Agency’s plans to aggressively reduce oxides of nitrogen emissions generally were positive, but with some caveats.

Eric Miller | Senior Reporter
February 27, 2020
Government, Business, Fuel

Highway Bill Coming in March, Rep. Peter DeFazio Tells AASHTO

Rep. Peter DeFazio (D-Ore.) speaks at AASHTO House Transportation and Infrastructure Chairman Peter DeFazio addresses the AASHTO gathering. (Eugene Mulero/Transport Topics)

WASHINGTON — Congressional Democrats’ version of a bill that would update highway operations around the country will be unveiled in March, the leader of the U.S. House of Representatives’ highway panel indicated Feb. 26.

Eugene Mulero | Senior Reporter
February 26, 2020
Government, Business, Fuel

Trump to Pare Biofuel Waivers for Oil Refineries on Court Ruling

Philadelphia Energy Solutions oil refinery Philadelphia Energy Solutions oil refinery by Spencer Platt/Getty Images

The Trump administration has decided to pare exemptions for oil refineries from U.S. requirements to use biofuels in response to a federal court ruling last month, according to two people familiar with the matter.

February 26, 2020
Business, Fuel

BP Quits Three Oil Lobby Groups on Differing Climate Policy

BP oil tank Matthew Lloyd/Bloomberg News

BP Plc will leave three U.S. oil-industry lobby groups due to differences on climate policy, after the company’s new chief pledged to eliminate its greenhouse gas emissions by 2050.

James Herron and Laura Hurst | Bloomberg News
February 26, 2020
Business, Equipment, Fuel

Second Coast-to-Coast Trek Planned for Shell Starship Initiative Truck

Shell Megan Pino via Joe Howard/Transport Topics

ATLANTA — Shell Lubricants is planning a second coast-to-coast run for its Starship Initiative truck, which is designed to study and test fuel-saving technologies for heavy-duty trucks.

Joe Howard | Executive Editor
February 26, 2020
Government, Business, Fuel

US Chamber Renews Calls for Fuel Tax Increase

U.S. Chamber of Commerce's Ed Mortimer Ed Mortimer urges Senate panel to raise the diesel and gas tax to replenish the Highway Trust Fund. (Via banking.senate.gov)

WASHINGTON — The expiration this fall of the country’s central highway policy law means that its reauthorization must be urgently addressed by Congress, Ed Mortimer, transportation director at the U.S. Chamber of Commerce, told a Senate committee Feb. 25.

Eugene Mulero | Senior Reporter
February 25, 2020
Government, Business, Fuel

Oil Dives After CDC Warns of Potential Virus Outbreak in US

Oil prices graphic

Oil deepened a three-day rout as panic over a coronavirus outbreak in the U.S. gripped investors and sent shockwaves through commodity, equity and debt markets.

Jackie Davalos | Bloomberg News
February 25, 2020
Business, Technology, Equipment, Fuel

Mack Launches Active Steering Feature, Earns SmartWay Certification

Mack day cab A Mack day cab at the company's booth on the exhibit floor. (Anneliese Mahoney/Transport Topics)

ATLANTA — Mack Trucks announced an active steering option, Command Steer, for its Anthem models that monitors road conditions at nearly 2,000 times per second using truck-mounted sensors to help maintain directional stability, for instance, on rough roads, in high winds or during blowouts.

Roger Gilroy | Senior Reporter
February 25, 2020