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Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

March 2, 2021

OPEC Production Plunges as Saudis Deliver Extra Oil Cutbacks

OPEC’s crude production plunged in February as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut.

March 2, 2021

Volvo to Make Only Electric Vehicles by 2030

Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online.

March 2, 2021

Workhorse to Meet With USPS Over Truck Contract

Representatives of electric-truck maker Workhorse Group Inc. are scheduled to meet with officials at the U.S. Postal Service March 3 as the company explores options for challenging the loss of a massive contract to build the next generation of postal trucks.

March 1, 2021

CMA CGM Dedicates Six LNG-Powered Vessels to Service U.S. Customers

French ocean carrier CMA CGM Group will dedicate six liquefied natural gas-powered containerships to the United States..

March 1, 2021

TravelCenters of America Reports Q4 Net Loss, Eyes Alt Fuels

TravelCenters of America Inc. reported a fourth-quarter loss and a decline in revenue as diesel gross margins plunged and pandemic-related restrictions remained in place at some of its restaurants.

February 26, 2021

Dana Taps Byron Foster as Chief Commercial Officer

Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.

February 26, 2021

Nikola Falls After Paring Output Goals for Debut Electric Trucks

Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network.

February 26, 2021

Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution

Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution.

February 25, 2021

Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary

Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.

February 25, 2021