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Missouri Lawmakers May Ask Voters to Raise Gas Tax in 2021

JEFFERSON CITY, Mo. — Two years after Missouri voters decisively rejected a proposal to raise Missouri’s gasoline tax, the leader of the Senate wants a do-over.

December 7, 2020

Oil Slips From Nine-Month High With Markets in Risk-Off Mode

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.

December 7, 2020

VTNA Unveils Plan for Launch of VNR Electric Sales

Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.

December 3, 2020

OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.

December 3, 2020

Elon Musk’s $139 Billion Fortune Leads Huge EV Wealth Gains

Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.

December 3, 2020

Cars on Hyundai’s Electric Platform Can Charge 80% in 18 Minutes

Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2.

December 2, 2020

Biden Win Is Pressuring Carmakers to Unite on Tailpipe Rules

Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden.

December 2, 2020

DTNA, Portland Utility to Develop Fueling Site for Electric Trucks

Daimler Trucks North America and utility company Portland General Electric announced the co-development of a public charging site for medium- and heavy-duty electric commercial vehicles that is expected to be the first of its kind in the United States.

December 1, 2020

Chicago Mayor’s Budget Plan, Including Fuel Tax Hike, Is Approved

The Chicago City Council has voted to approve Mayor Lori Lightfoot’s 2021 budget proposal, which includes a fuel tax increase.

December 1, 2020

Diesel Climbs 4¢ to $2.502 Amid Stronger Demand

The U.S. Energy Information Administration reported Nov. 30 in its weekly survey that trucking’s main fuel increased 4 cents nationwide.

November 30, 2020