Daimler AG’s new CEO warned there will be no quick fix for the automaker’s struggles to adapt to an era of self-driving, electric cars.
November 14, 2019Business, Technology, Fuel
Real-World Fuel Economy Answers What Every Fleet Needs
Race car engineer developed process to help Mesilla Valley Transportation (MVT) make better decisions on fuel economy technologies. This webinar explains the process and how it accounts for fleets’ real-world conditions and can predict their customized fuel savings. Fuel economy is a real science and this webinar explains the science – the facts – and dispels myths in ways any fleet can use to uncover their potential fuel savings.
November 14, 2019Business, Technology, Fuel, Autonomous
Daimler’s New CEO Ola Kallenius Warns Shift to Electric Cars Will Be Painful
Government, Business, Technology, Fuel
Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30
The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.
November 13, 2019Business, Technology, Equipment, Fuel
Hyliion Makes Gains With Hybrid Electrification
Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.
November 13, 2019Business, Technology, Fuel, Autonomous
Tesla to Build Factory in Germany After Subsidies Announced
BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.
November 13, 2019Government, Business, Technology, Fuel
World Thirst for Oil Keeps Growing, With SUVs a Key Culprit
PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.
November 13, 2019Government, Business, Fuel
Consumer Prices Up 0.4% in October; Gasoline Prices Surge
WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.
November 13, 2019Government, Business, Fuel
Diesel Climbs 1.1 Cents to $3.073 a Gallon
The U.S. average retail price of diesel rose 1.1 cents to $3.073 a gallon, the Department of Energy reported Nov. 12, the day after the national Veterans Day holiday.
November 12, 2019Government, Business, Fuel
Offshore Oil to Peak in 2020, Then Join Shale in Market Drop, Analysts Say
Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.
November 12, 2019Government, Business, Technology, Fuel, Logistics
Pemex Faces Payment Problems After Cyberattack Shut Down System
A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.
November 12, 2019