Hydrogen-electric truck maker Nikola Motor Co. announced it has quickly raised $100 million of a planned $200 million in C-round funding as it accelerates the scale of its operations.
August 8, 2018Fuel 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.
Nikola Raises $100 Million in August
EPA to Study Financial Implications of Maritime Emissions Rules
The U.S. Environmental Protection Agency has launched a study of the potential economic impact forthcoming regulations that require shipping vessels to burn cleaner fuel might have on other transportation sectors, including trucking.
August 7, 2018Mexican Energy Sector Overhaul Could Reduce US Export Demand
An ambitious plan to boost Mexico’s oil and gas production could slow the country’s energy sector reforms and hinder trade opportunities for U.S. refiners and pipeline companies that have ramped up exports to meet growing demand there, according to research firm Morningstar.
August 7, 2018California Responds to Trump’s Call to Rescind State’s Authority
Last week, President Donald Trump proposed gutting California’s unique ability to write greenhouse gas emission limits for cars and trucks.
August 7, 2018Sunoco Completes Equity Purchase of Sandford Energy
Sunoco Partners Marketing & Terminals said it has paid approximately $66 million to obtain the equity stake in Sandford Energy it did not already own, giving Sunoco full control of the company.
August 7, 2018Diesel Dips 0.3¢ to $3.223
The U.S. average retail price of diesel inched down 0.3 cent to $3.223 a gallon, while crude oil prices were lower despite ongoing tensions over trade and the Middle East.
August 6, 2018Mansfield Energy Acquires FuelTrac
Mansfield Energy Corp. has purchased FuelTrac, a fleet fuel management company based in Baton Rouge, La.
August 6, 2018UPS, Thor to Partner on Battery-Electric Class 6 Delivery Truck
UPS Inc. has announced a collaboration with Los Angeles-based Thor Trucks on a battery-powered, Class 6 delivery truck that can drive approximately 100 miles on a single charge.
August 6, 2018Trump May Relax Auto Standards While Making Them Harder to Meet
The Trump administration’s plan to ease vehicle-emission mandates lifts some burdens for automakers but also would strip away options that have made it easier for them to comply and have encouraged the development of electric cars.
August 6, 2018Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate
Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.
August 6, 2018Follow Us
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