Many fleets are looking to integrate electric trucks into their operations but are stymied by a series of obstacles that will slow the shift from diesel vehicles.
May 11, 2020Search
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Saudi Arabia Cuts Oil Output Again
Saudi Arabia announced a surprise move to slash oil output to the lowest point in 18 years as it tries to spur the recovery from an energy crisis that has devastated the kingdom’s finances.
May 11, 2020Orange EV Places First Electric Terminal Truck in Missouri
Orange EV announced Terminal Consolidation Co. deployed an Orange EV T-Series battery-electric terminal truck to move shipping containers at TCC’s Kansas City, Mo., operation.
May 8, 2020Oil Slips With Glut Concerns, Reversing Saudi Price Hike Boost
Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.
May 7, 2020Tanker Truck Industry Faces Challenges as Fuel, Milk Deliveries Decline
Tank truck carriers have been among the trucking industry’s hardest-hit segments during the COVID-19 pandemic.
May 7, 2020Oil Jumps After Saudi Arabia Raises Prices to Boost Recovery
Oil surged after Saudi Arabia raised prices for its crude globally.
May 7, 2020Oil Slides With Glut Concerns Eclipsing Demand Recovery
Oil declined as data showing rebounding demand wasn’t enough to offset ballooning inventories.
May 6, 2020IMF: World Needs Two-Decade, $20 Trillion Investment
The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend on initiatives including improved healthcare systems, infrastructure and green technology.
May 6, 2020CARB Updates Proposal to Speed California’s Transition to Zero-Emission Vehicles
California environmental regulators have issued an accelerated plan to mandate that truck manufacturers transition a portion of their sales from heavy diesel trucks to electric zero-emission vehicles beginning in 2024.
May 5, 2020Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut
Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.
May 5, 2020