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 today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessTechnologyFuelAutonomous

VW’s Traton, Toyota’s Hino to Collaborate on Electrification

Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.

October 28, 2020
GovernmentBusinessSafetyFuel

Zeta on Course to Hit New Orleans as Category 2 Hurricane

Hurricane Zeta is strengthening as it spins across the Gulf of Mexico, threatening to slam into New Orleans in the evening Oct. 28 as a Category 2 storm capable of uprooting trees and causing massive power outages.

October 28, 2020
GovernmentBusinessFuel

Diesel Dips for Seventh Time in Eight Weeks; Zeta Pounds Gulf Coast

The national average price of diesel decreased three-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 26. The drop is the seventh in the past eight weeks.

October 26, 2020
BusinessTechnologyFuelAutonomous

Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person

Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.

October 26, 2020
GovernmentBusinessFuel

Oil Slumps Below $39 on Surging Virus and Libya Restart

Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a steady resumption of supply from Libya.

October 26, 2020
BusinessTechnologyEquipmentFuelAutonomous

Daimler Records Higher Net Income on Lower Revenue in Q3

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

October 23, 2020
GovernmentBusinessTechnologyFuelLogistics

EV Mania Turns Battery Makers Into Power Brokers

Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.

October 23, 2020
GovernmentBusinessFuel

Chicago Mayor’s Budget Proposal Calls for City Fuel Tax Hike

Chicago is planning for a 3-cent fuel tax increase in an effort to help restore the city’s financial well-being amid the coronavirus pandemic,

October 22, 2020
BusinessTechnologyFuel

Early Adopters of Electric Trucks Say Planning, Partnerships Are Crucial

Truck makers are beginning to introduce battery-electric models, but successfully deploying this new breed of commercial vehicle requires fleets to manage a bevy of new considerations, including installation of charging equipment, coordination with utility companies and exploring government incentives.

October 22, 2020
BusinessTechnologyFuel

GM ‘Going Forward’ With Nikola Partnership Talks on Trucks

General Motors Co. is moving ahead in its talks with startup Nikola Corp. over a proposed partnership to make electric and fuel cell powered trucks, a senior executive at the Detroit automaker said.

October 21, 2020