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.

BusinessTechnologyFuel

Navistar Joins Effort to Adopt Electric Vehicle Standards

Navistar Inc. joined a global coalition of industrial and automotive businesses pushing to create standards for electric vehicles, the company announced Aug. 20.

August 21, 2020
BusinessTechnologyFuel

ACT Virtual Series Highlights Environmental Sustainability Challenges

Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.

August 20, 2020
BusinessFuelLogistics

World’s Largest Offshore Rig Owner Valaris Goes Bankrupt

Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.

August 19, 2020
BusinessTechnologyFuelLogistics

GM to Double Down on China After Tesla Grabs EV Lead

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.

August 19, 2020
GovernmentBusinessFuel

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
BusinessTechnologyEquipmentFuel

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
GovernmentBusinessFuel

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
GovernmentBusinessFuel

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
BusinessTechnologyFuelAutonomous

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
BusinessEquipmentFuelLogisticsTop 50Top 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