DETROIT 鈥 Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Fuel 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鈥檚 fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.
Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. 鈥 Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022Green Diesel Is Suddenly a Booming Business
Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.
April 20, 2022Gulf Coast Diesel Exports Soar on Wartime Shortage
Russia鈥檚 invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.
April 19, 2022Walmart Will Run Forklifts on 鈥楪reen鈥 Hydrogen in Plug Power Deal
Plug Power Inc.鈥檚 bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company鈥檚 oldest customers: Walmart Inc.
April 19, 2022Diesel Bumps Up 2.8垄 to $5.101 a Gallon
The national average price for diesel resumed its upward course, rising 2.8 cents to $5.101 a gallon, according to Energy Information Administration data released April 18.
April 18, 2022Twitter Adopts 鈥楶oison Pill鈥 Defense in Musk Takeover Bid
PROVIDENCE, R.I. 鈥 Twitter said April 15 that its board of directors has unanimously adopted a 鈥減oison pill鈥 defense in response to Tesla CEO Elon Musk鈥檚 proposal to buy the company for more than $43 billion and take it private.
April 15, 2022Trucking Stakeholders Offer Advice, Caution on EPA Proposal
The trucking industry urged federal regulators to consider how a proposal to tighten emissions limits on engines will affect motor carriers, as they鈥檙e the ones who will ultimately deploy the equipment subject to the new rules.
April 15, 2022Elon Musk Makes $43 Billion Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.
April 14, 2022US Export Bank Approves Plan Seen as Boost for LNG Exporters
The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.
April 14, 2022Trending
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