The California Air Resources Board has proposed a regulation requiring that manufacturers sell a set percentage of zero-emissions battery-electric and fuel cell trucks beginning with model year 2024.
November 6, 2019Fuel
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Government, Business, Technology, Fuel
The Golden Gate Bridge over San Francisco Bay. For Class 7 and Class 8 tractors, the regulation would require 3% of annual sales of zero-emissions tractors in California to begin in model year 2024, reaching 15% annually by model year 2030. (Getty Images)
CARB Rule Would Set Sale Quotas for Zero-Emission Trucks
The Golden Gate Bridge over San Francisco Bay. For Class 7 and Class 8 tractors, the regulation would require 3% of annual sales of zero-emissions tractors in California to begin in model year 2024, reaching 15% annually by model year 2030. (Getty Images)
Business, Technology, Fuel, Autonomous
Volvo FL by Volvo Trucks
Volvo Trucks Sells First Electric Trucks to European Customers
Volvo FL by Volvo Trucks
Volvo Trucks announced the start of sales of Volvo FL and Volvo FE electric trucks in selected markets within Europe, including for distribution and refuse hauling, as the region faces increasing demand for environmentally conscious urban transport.
November 6, 2019
Government, Business, Fuel
The Texas flag flies at a drilling rig in the Permian basin outside of Midland, Texas. (Brittany Sowacke/Bloomberg News)
Shale Oil Pioneers Say the Boom Times Are Over
The Texas flag flies at a drilling rig in the Permian basin outside of Midland, Texas. (Brittany Sowacke/Bloomberg News)
The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s yearslong effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa.
November 6, 2019
Business, Technology, Fuel
A view of the Cummins exhibit at the North American Commercial Vehicle Show in Atlanta. (John Sommers II for Transport Topics)
Cummins Puts Faith in Diesel, Readies for Hydrogen
A view of the Cummins exhibit at the North American Commercial Vehicle Show in Atlanta. (John Sommers II for Transport Topics)
ATLANTA — Cummins Inc., underscoring its belief in the power of choice, announced its latest advances in fuel efficiency for its heavy-duty diesel engines and showcased hydrogen fuel cell technology in its own Class 8 demonstration model.
November 5, 2019
Business, Fuel
A truck driver delivers gasoline to a Shell station in Peoria, Ill. The company is now expanding into renewable power sources. (Daniel Acker/Bloomberg News)
Shell to Buy French Offshore Wind-Power Developer
A truck driver delivers gasoline to a Shell station in Peoria, Ill. The company is now expanding into renewable power sources. (Daniel Acker/Bloomberg News)
Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable power.
November 5, 2019
Business, Fuel
A TravelCenters of America location in Wildwood, Fla. TA recently entered into an agreement with IHOP to convert up to 94 TA restaurants to IHOP locations in the next five years. (TravelCenters of America)
TA Posts Strong Q3 Results
A TravelCenters of America location in Wildwood, Fla. TA recently entered into an agreement with IHOP to convert up to 94 TA restaurants to IHOP locations in the next five years. (TravelCenters of America)
TravelCenters of America Inc. reported strong third-quarter earnings when the Westlake, Ohio-based company announced its financial results Nov. 5.
November 5, 2019
Government, Business, Equipment, Safety, Fuel
According to ATRI, the average marginal cost per mile incurred by motor carriers in 2018 rose to $1.82, marking a 7.7% increase from 2017. (Getty Images)
Operational Cost of Trucking Up 7.7%, ATRI Report Says
According to ATRI, the average marginal cost per mile incurred by motor carriers in 2018 rose to $1.82, marking a 7.7% increase from 2017. (Getty Images)
The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.
November 4, 2019
Government, Business, Fuel
“Oil prices are dancing to the upbeat U.S.-China trade tune,” PVM Oil Associates analysts Tamas Varga and Stephen Brennock wrote in a report. (Daniel Acker/Bloomberg News)
Diesel Dips 0.2¢ to $3.062 a Gallon
“Oil prices are dancing to the upbeat U.S.-China trade tune,” PVM Oil Associates analysts Tamas Varga and Stephen Brennock wrote in a report. (Daniel Acker/Bloomberg News)
The U.S. average retail price of diesel fell 0.2 cent to $3.062 a gallon, the Department of Energy reported Nov. 4.
November 4, 2019
Government, Business, Technology, Fuel
Interstate 80 in Nevada. (nevadadot via YouTube)
VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports
Interstate 80 in Nevada. (nevadadot via YouTube)
About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.
November 4, 2019
Government, Business, Fuel
A worker unloads crude oil from a tanker in Loving County, Texas. (Angus Mordant/Bloomberg News)
Oil Near Six-Week High as US-China Trade Deal Hopes Increase
A worker unloads crude oil from a tanker in Loving County, Texas. (Angus Mordant/Bloomberg News)
Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.
November 4, 2019