Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Gas Tops $4 a Gallon in Every State for the First Time

Gasoline pump prices have risen above $4 a gallon in all states in the U.S. for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight, according to auto club AAA.

May 17, 2022
BusinessTechnologyEquipmentFuel

Hydrogen Likely to Be Next Fuel for Trucking, Panelists Say

LONG BEACH, Calif. — Hydrogen fuel cells are being adopted in transit fleets, and trucking is poised to be the second mover with the fuel — and ultimately see a price at production comparable to diesel, experts said at ACT Expo.

May 17, 2022
BusinessEquipmentFuel

Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans

Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon .com Inc.

May 16, 2022
GovernmentBusinessFuel

Region Results Mixed, Leading to 1¢ Diesel Drop Nationwide

The national average price of diesel dipped after a two-week surge, dropping 1 cent to $5.613 a gallon, the Energy Information Administration reported May 16.

May 16, 2022
BusinessTechnologyEquipmentFuel

Xos, Allison to Partner on Classes 7-8 Electric Vehicles

Xos Inc., a manufacturer and services provider of Classes 5-8 battery-electric vehicles, powertrains, charging infrastructure and fleet management software, announced a strategic partnership with Allison Transmission Inc. to jointly develop heavy-duty Classes 7-8 commercial electric vehicles.

May 16, 2022
BusinessTechnologyFuel

Hexagon Composites Acquires Stake in Cryogenic Tanks Company

Hexagon Composites, a designer and manufacturer of clean fuel solutions for commercial vehicles, announced it signed an agreement to acquire a 40% stake in Cryoshelter, an Austria-based company specializing in the development of cryogenic tank technology for liquid renewable natural gas and liquid hydrogen.

May 16, 2022
BusinessTechnologyEquipmentFuel

Blue Bird to Add Classes 5-6 Commercial Vehicle Chassis

Blue Bird Corp. announced it is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market.

May 16, 2022
BusinessTechnologyFuel

Penske, Shell to Bring EV Charging to Leasing Sites

Penske Truck Leasing and Shell Recharge Solutions North America announced a joint initiative to support light-duty electric vehicle charging at Penske locations.

May 16, 2022
GovernmentBusinessFuel

OPEC+ Ministers Say Pumping More Oil Wouldn’t Ease Gas Prices

Saudi Arabia’s energy minister said a dearth of refining capacity meant that gasoline and other oil products would remain expensive even if the world’s biggest exporters pumped more crude.

May 16, 2022
BusinessTechnologyFuelAutonomous

Cruise, BrightDrop Explore Self-Driving Electric Vans

Cruise, the self-driving startup controlled by General Motors Co., is working with the automaker’s BrightDrop electric van business on a plan to develop autonomous delivery vehicles, people familiar with the matter said.

May 16, 2022