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“We are encouraged by several proposed adjustments that should help lower costs and ease implementation,” ATA Vice President of Energy and Environmental Affairs Patrick Kelly said.

Electric trucks now outsell LNG models in China, so its demand for fossil fuels could fall, and "in other countries, it might never take off,” according to an analyst.

Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.

Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative, the world’s biggest carmaker said in a statement. 

The spot rate to hire an LNG vessel for delivery from the U.S. to Europe jumped 19% to $98,250 per day, the highest since January 2024. Costs to hire a tanker in the Pacific Ocean also jumped 15%.

Testing of Daimler Truck’s prototype Mercedes-Benz GenH2 truck is set to enter a new phase with a second group of carriers, the parent company of Freightliner and Western Star said.

The use of natural gas as a fuel for heavy-duty trucks is receiving a boost, due in part to the rollout of a more powerful natural gas engine and the growing availability of renewable natural gas to reduce emissions.

Emissions can be reduced, and trucking fleets still can rely on today’s predominant vehicle technologies and fueling infrastructure.

The joint venture, known as RV Tech, said it has made solid progress on delivering the EV electrical and software platform that Volkswagen needs to compete with Tesla and Chinese rivals.

After a flurry of orders late last month — which were the first of this season — Chinese imports of U.S. cargoes seem to have faltered, according to traders who asked not to be identified.