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Business, Technology, Fuel

Exxon Profits Surge

Exxon A photo of an Exxon station from last year, before the recent gas price spike. (Matt Rourke/Associated Press, File)

NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.

Cathy Bussewitz | Associated Press
April 29, 2022
Business, Technology, Equipment

Will the Diesel Engine Ever Be Perfected?

The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as “sweeping new regulations affecting heavy-duty trucks sold in the state.”

John Baxter | Special to Transport Topics
April 29, 2022
Business, Technology, Equipment, Safety

Tire Choices Provide Pros, Cons for Fleet Maintenance Managers

Retread Due to the many advances in retreading, Jones Logistics has seen the advantages of applying the practice. (Jones Logistics)

In the current environment of high fuel prices and a technology shift looming over many companies regarding last-mile delivery, fleets are challenged to develop a strategy toward tire management. For some maintenance managers, the debate of new tires versus retreads offers various methods in battling some of those concerns.

Brendan Baker | Contributing Writer
April 29, 2022
Business, Technology

Reefer Carriers Warm Up to Smart Trailer Tech for Cold Chain Logistics

Paul Menig Business Accelerants CEO Paul Menig, shown at the Technology & Maintence Council Annual Meeting in March, has more than 40 years of engineering experience in truck manufacturing. (John Sommers II for Transport Topics)

Paying attention to the details in cold chain logistics can save customers and carriers cold hard cash — especially for those companies that are investing in the latest technological advancements.

Robert Braswell | Executive Director, Technology & Maintenance Council
April 29, 2022
Business, Technology, Logistics

C.H. Robinson Posts Record Q1 Profits

C.H. Robinson C.H. Robinson containers. (C.H. Robinson Worldwide)

Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.

Jerry Hirsch | Contributing Writer
April 28, 2022
Business, Technology, Equipment, Fuel

Nikola Sees Energy Transition in Arizona Desert

Nikola A Nikola Tre BEV. (Roger Gilroy/Transport Topics)

COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.

Roger Gilroy | Senior Reporter
April 28, 2022
Business, Technology, Equipment

Dana Reports Gain in Q1 Revenue, Lower Net Income

Dana Dana's HQ. (Dana Inc.)

Dana Inc. reported first-quarter net income dropped and revenue slightly increased.

Roger Gilroy | Senior Reporter
April 28, 2022
Government, Technology, Autonomous

China Grants First Driverless Taxi Permits to Baidu, Pony.ai

A Baidu Apollo robotaxi A Baidu Apollo robotaxi passes its customer service counter setup at the Shougang Park in Beijing. (Andy Wong/Associated Press)

BEIJING — China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country’s pursuit of driverless technology.

April 28, 2022
Business, Technology, Fuel, TCA

Ford Eyes EV Market Leadership With Launch of F-150 Lightning

Ford Motor Company President and CEO Jim Farley at the launch event for the Ford F-150 Lightning Ford Motor Company President and CEO Jim Farley at the launch event for the Ford F-150 Lightning. (Jeff Kowalsky/Ford/via Tribune News Service)NS

Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America’s best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.

Jordyn Grzelewski | The Detroit News
April 27, 2022
Business, Technology, Equipment, Fuel

The Big EV Charging Mystery: How Long Does It Take?

Electric The charging port of a Volvo C40 electric vehicle during the 2022 New York International Auto Show in New York. (Michael Nagle/Bloomberg News)

How long does it take to “fill up” an electric car? Well, that depends on the car … and the charger … and how many other cars are plugged into the charger … and how full the battery is to begin with … and, oh yeah, the weather matters, too.

Kyle Stock | Bloomberg News
April 27, 2022

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