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John Hess Calls Investors to Back Chevron Deal Before Vote

John Hess is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.

May 23, 2024

Pilot’s Wright: Companies Must Lead Sustainability Movement

LAS VEGAS — To provide a better understanding of the drive for innovation of alternative fuels and electrification, Pilot CEO Adam Wright told a story of his family vacation at a water park.

May 24, 2024

Big Oil Investigation Sent to Justice Department by Dems

Democrats are asking the Department of Justice to investigate major oil companies and their trade groups following a congressional probe.

May 22, 2024

Electrification Has Its Challenges, J.B. Hunt’s Simpson Says

LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.

May 22, 2024

US Puts Its 1 Million-Barrel Gasoline Reserve Up for Sale

The Biden administration is putting its cache of 1 million barrels of gasoline on the market, after being ordered to liquidate the reserve by Congress.

May 21, 2024

Alm: Heavy-Duty EV Adoption Must Include Carbon Pricing

LAS VEGAS — Expediting adoption of heavy-duty battery-electric trucks is a multifactor conundrum, but the answer must include a price on carbon dioxide emissions, Volvo Trucks' Alm says.

May 21, 2024

Hino, Hexagon Purus Launch Class 8 Battery-Electric Truck

LAS VEGAS — Hino Trucks and Hexagon Purus launched a Class 8 battery-electric truck known as the Tern RC8 on May 20, with serial production set to begin in the fourth quarter.

May 21, 2024

Tesla’s Priestley to EV Fleets: Now Is the Time to Scale

LAS VEGAS — In a rare trade show appearance for the company, the head of Tesla’s heavy-duty truck program stressed that electric truck technology is ready for prime time.

May 21, 2024

Diesel Price Drops 5.9¢ to Hit $3.789 a Gallon

The national average diesel price continued to slide, shedding 5.9 cents to reach $3.789 a gallon, according to Energy Information Administration data released May 20.

May 20, 2024

Fuel Cell Maker Symbio Unveils Class 8 FCEV Demonstrator

Hydrogen fuel cell manufacturer Symbio, backed by three auto industry heavyweights, unwrapped a Class 8 tractor equipped with its powertrain.

May 20, 2024