When Tote Inc., a shipper that operates between the United States and the Caribbean, launched its latest containership last month, the 760-foot craft carried a certain distinction: It’s only the second of the massive vessels worldwide fueled by liquefied natural gas.
September 25, 2015Business, Fuel
Why Shippers Are Turning to LNG-Powered Vessels
Business, Fuel
China Sitting on an Ocean of Diesel Fuel
Add diesel to the commodities flooding global markets from China.
September 24, 2015Business, Fuel, Technology, Government
Volkswagen Scandal Harkens Back to Truck Engine Makers’ 1998 Battle With EPA
The U.S. Environmental Protection Agency said Volkswagen cheated on air-pollution rules for its diesel cars with a defeat device, reminiscent of 1998 when heavy-duty truck manufacturers were doing the same thing.
September 22, 2015Government, Fuel, Business
Georgia Truck Association, Carriers Sue Over Local Fuel Sales Tax
The Georgia Motor Truck Association and three carriers have filed a class action lawsuit against the state Department of Revenue alleging that a new law allowing cities and counties to impose a 1% per-gallon fuel sales tax is unconstitutional.
September 22, 2015Business, Fuel
National Diesel Average Drops to Lowest Level Since June 2009
The average price of diesel fuel in the United States declined to the lowest level since June 2009, the Department of Energy reported Sept. 21.
September 21, 2015Government, Business, Fuel, Autonomous
About Us: Transport Topics' Top 50 Global Freight Carriers
The Transport Topics Top 50 Global Freight Carriers is a listing of the largest truck, rail, air and ocean carriers in the world.
September 18, 2015Business, Fuel
National Diesel Average Drops 1.7¢ to $2.517 a Gallon
The average price of diesel fuel in the United States declined 1.7 cents a gallon to $2.517, the Department of Energy reported Sept. 14.
September 15, 2015Business, Fuel
OPEC Trims 2016 Estimates for Rival Supplies as US Oil Suffers
OPEC trimmed estimates for supplies from outside the group in 2016 as the slump in prices takes its toll on the U.S. shale-oil industry.
September 14, 2015Business, Fuel
US Diesel Average Increases for 1st Time in 14 Weeks
Labor Day marked the end of the 14-week price holiday for diesel, as the U.S. average retail price rose by 2 cents a gallon to $2.534, the first such increase since Memorial Day.
September 8, 2015Business, Fuel
Second LNG-Powered Containership Is Launched
Ocean carrier Tote and ship builder Nassco announced they have launched a second alternative fuel-powered vessel as efforts advance to put the first two liquefied natural gas containerships into service.
September 8, 2015