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.

Government, Business, Fuel

Infrastructure Stakeholders to Host Forum in September

Groups and institutions consistently urging policymakers to dedicate additional funds for freight and commuter corridors will host “United for Infrastructure,†scheduled for the week of Sept. 14.

August 18, 2020
Business, Technology, Equipment, Fuel

Xos Trucks Secures $20 Million in New Funding Round

Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.

August 18, 2020
Government, Business, Fuel

Average Price of Diesel Stays Essentially Flat at $2.427 a Gallon

The price of diesel remained essentially flat the past week, dipping one-tenth of a cent to $2.427 a gallon, the Energy Information Administration reported Aug. 17.

August 17, 2020
Government, Business, Fuel

US Approves Oil, Gas Leasing Plan for Alaska Wildlife Refuge

The Trump administration on Aug. 17 took another step to opening Alaska’s Arctic National Wildlife Refuge to drilling for oil and gas, potentially fulfilling a decadeslong dream for Republicans.

August 17, 2020
Business, Technology, Fuel, Autonomous

Tesla Extends Rally With Market Value Nearing Consumer Giant P&G

The relentless rally in Tesla Inc. shares has driven its valuation close to the consumer product behemoth Procter & Gamble Co. as investors bet on the electric vehicle maker’s ability to dominate the automotive market of the future.

August 17, 2020
Business, Equipment, Fuel, Logistics, Top 50, Top 100

Black Horse Carriers Joins Penske’s Electric Vehicle Program

Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.

August 17, 2020
Government, Business, Fuel

Oil Drops for Third Day Before OPEC+ Reviews Easing Output Cuts

Oil fell below $42 a barrel in New York as OPEC+ gathered to assess its supply deal, with countries struggling to contain the virus that has hurt economies and fuel demand globally.

August 17, 2020
Government, Business, Technology, Fuel

Agency OKs $27M to Boost Zero-Emission Vehicles in California

California’s South Coast Air Quality Management District has approved the first installment of $27 million in a program that ultimately will provide up to $90 million to replace higher-polluting Class 8 trucks and port drayage trucks with zero-emission vehicles.

August 17, 2020
Business, Technology, Equipment, Fuel

Navistar Locates NEXT eMobility Unit in Michigan

Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.

August 14, 2020
Government, Business, Fuel, Logistics

US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020