Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of fuel the industry must consume.
September 11, 2018Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
California Aims to Drop Fossil Fuels for Electricity by 2045
SACRAMENTO, Calif. — California has set a goal of phasing out electricity produced by fossil fuels by 2045 under legislation signed Sept. 10 by Gov. Jerry Brown.
September 11, 2018Diesel Inches Up 0.6¢ to $3.258 a Gallon
The U.S. average retail price of diesel inched up 0.6 cent to $3.258 a gallon, while crude oil prices fell amid questions over supplies in light of looming sanctions against Iran.
September 10, 2018Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed
Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that still won’t be enough to meet climate goals, according to a forecast from energy and maritime services company DNV GL Group AS.
September 10, 2018Airlines Are Stepping Up Oil Hedges Before 2020 Shipping Rule Bites
Airlines are starting to hedge against the risk that fuel prices could be driven higher by rules targeting another industry’s environmental performance.
September 6, 2018Florida Scores Biggest Annual Gain in Heavy-Duty Clean Diesel Trucks
Florida posted the biggest surge among states in the use of heavy-duty trucks with clean diesel engines in 2017, notching an 81% jump compared with a year earlier, according to data from IHS Markit. This increase came as fleet confidence in the technology took hold and more freight-hauling opportunities opened up in the nation’s fourth-largest state economy, other experts said.
September 6, 2018NACFE Survey of Trucking Companies Shows Increased Freight Efficiency
The average fuel economy of trucking companies participating in an annual study conducted by the North American Council for Freight Efficiency improved 2% on a year-over-year basis, the group announced.
September 5, 2018Price of Diesel Nudges Up as Industry Seems Resolved to Higher Costs
The national average retail price of diesel fuel increased by 2.6 cents, pushing the weekly average to $3.252 a gallon, according to the U.S. Energy Department’s weekly report released Sept. 4. Trucking’s main fuel now costs 49.4 cents a gallon more than it did a year ago, when it was $2.758 a gallon.
September 4, 2018A Plug-Free Way to Fill the World With Electric Vehicles
Umer Anwer stops on the street near Tesla Inc.’s Brooklyn showroom and grabs his smartphone. He’s looking for a spot to charge his electric car, and the Tesla charging plugs won’t work with the Nissan Leaf he’s driving. In fact, he would prefer not to bother with a plug at all.
September 4, 2018°®¶¹´«Ã½ Charging Needed for Electric Vehicles to Gain Traction
The opportunity for easy overnight recharging may be one of the surest routes toward a wider adoption of electric vehicles in the United States.
September 4, 2018