Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers.
June 13, 2019BusinessFuel
NACFE Chooses 10 Fleets for Run on Less Regional Event
The North American Council for Freight Efficiency announced 10 fleets will participate in this fall’s Run on Less Regional, a freight-efficiency roadshow highlighting trucks that operate in a variety of regional-haul applications.
June 13, 2019GovernmentFuel
EPA Issues Rule to Create Transparency, Prevent Manipulation of RINs Market
The U.S. Environmental Protection Agency is taking steps to modify certain elements of the Renewable Fuel Standard compliance system to create more transparency and prevent manipulation of the Renewable Identification Number market.
June 13, 2019GovernmentBusinessTechnologyFuel
Canada Is First Nation to Sign Pledge to Slash Truck Emissions
Canada has become the first nation to endorse a pledge to speed global adoption of zero-emission and near-zero-emission medium- and heavy-duty vehicles in key urban communities by 2025 and achieve full market penetration by 2040.
June 12, 2019GovernmentBusinessFuel
Hold Up on the Fill-Up: Gasoline Is Set to Plunge at the Pump
Gasoline prices have been sliding steadily for several weeks, and they’re promising to get even cheaper as crude prices fall and the U.S. moves into the summer driving season.
June 11, 2019BusinessTechnologyFuel
Saving the Planet With Electric Vehicles Means Strangling This Desert
Mining for lithium for electric vehicles is having an irreversible impact on the Atacama desert in Chile.
June 11, 2019GovernmentBusinessFuel
ATA’s Chris Spear: New Fuel Tax Remains Most Viable Way to Fund Infrastructure
INDIANAPOLIS — A day before he was to go to Congress to testify about new highway funding, American Trucking Associations President Chris Spear spoke of his hope that President Donald Trump would push harder for a new $2 trillion infrastructure bill.
June 11, 2019GovernmentBusinessSafetyFuel
Indiana Sen. Mike Braun Envisions Infrastructure Plan Bigger Than Trump’s
INDIANAPOLIS — The nation needs an even larger infrastructure bill than the one proposed by President Donald Trump, an Indiana senator told an audience at the National Accounting and Finance Council’s 2019 annual conference.
June 11, 2019BusinessTechnologyEquipmentSafetyFuel
Carriers Invest in Inspection Strategies, Tools
Motor carriers are investing in training, technology and ongoing education to help ensure their drivers conduct thorough pre- and post-trip inspections, which are essential for complying with federal safety standards and minimizing vehicle downtime.
June 11, 2019GovernmentFuel
Illinois Legislators Approve Fuel Tax Hike, Repeal Truck License Plate Tax
Illinois lawmakers have passed a $45 billion infrastructure improvement plan that includes provisions to increase the fuel tax rate and repeal the sales tax on truck license plates.
June 11, 2019