Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers todays fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

GovernmentBusinessFuel

Biden Administration Encouraged by Ongoing OPEC Talks

Biden administration officials are encouraged by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said.

July 6, 2021
BusinessFuel

OPEC+ Breakdown: What to Watch as the Oil Crisis Evolves

OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York.

July 6, 2021
BusinessTechnologyEquipmentFuel

Daimler, Volvo, Traton Form $593 Million Truck-Charging Venture

Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.

July 6, 2021
BusinessFuel

Tank Truck Driver Scarcity Could Result in Spot Fuel Shortages

Trucking and oil industry experts are warning of possible delays in fuel deliveries during the peak of the summer driving season as the pinch from the driver shortage particularly among tanker truck drivers could slow down service to fueling stations.

July 2, 2021
BusinessFuelTop 100

Groendyke Announces Phase 2 of Driver Pay Increase Plan

Groendyke Transport has increased pay rates for more of its drivers as part of the second phase of a larger driver pay initiative, the company announced July 1.

July 2, 2021
BusinessTechnologyFuel

Lordstown Motors Drops on Report of Justice Probe

Lordstown Motors Corp. slid after the Wall Street Journal reported that the troubled electric-vehicle startup is being probed by the U.S. Justice Department.

July 2, 2021
BusinessTechnologyFuel

Tesla Delivers Record 201,250 Cars in Second Quarter

Tesla Inc. delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by CEO Elon Musk.

July 2, 2021
BusinessTechnologyFuelLogistics

Amazon Says Its Carbon Footprint Grew 19% Last Year

Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.

July 1, 2021
GovernmentBusinessTechnologyFuel

White House Releases State-By-State Infrastructure Guides

President Joe Bidens team is intensifying its pressure on Republicans opposed to a bipartisan infrastructure agreement by spotlighting crumbling roads and bridges on a state-by-state basis that the funding could be used to rebuild.

July 1, 2021
GovernmentBusinessTechnologyFuel

DOT Announces $905 Million in INFRA Grant Awards

U.S. Department of Transportation Secretary Pete Buttigieg announced June 30 that the agency plans to award $905 million in grants through the Infrastructure for Rebuilding America program.

June 30, 2021