Oil rose to the highest level since early January in New York on expectations that government data will confirm another drop in U.S. crude inventories as the global surplus recedes.
November 1, 2017Search
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Diesel Climbs to Highest Price in More Than Two Years
The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.
October 30, 2017Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms
Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.
October 30, 2017GHG Phase 2 Rule for Trailers Put on Hold
A federal appeals court has temporarily halted implementation of a provision in Phase 2 of the heavy trucks greenhouse gas rule of 2016, which would have regulated trailer manufacturers for the first time beginning Jan. 1.
October 30, 2017Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck
Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.
October 26, 2017Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure
President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.
October 25, 2017Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack
America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.
October 23, 2017Toyota Class 8 With Hydrogen Fuel Cell to Run SoCal Drayage Route
Toyota Motor North America Inc. will begin using its prototype Class 8 truck powered by a hydrogen fuel cell system in drayage operations at the nation’s two largest ports starting Oct. 23.
October 16, 2017Hybrid Truck Startup XL Gets $22 Million From Exelon, Ikea
XL Hybrids Inc. won $22 million in venture capital funding led by units of Exelon Corp. and Ikea Group to accelerate sales of its hybrid-electric delivery trucks.
October 12, 2017Trucking Leaders, Administration Chiefs to Address Key Industry Issues at MCE
Transportation Secretary Elaine Chao and Labor Secretary Alexander Acosta are among the speakers who will address key industry issues at American Trucking Associations’ Management Conference & Exhibition on Oct. 21-25 in Orlando, Fla.
October 12, 2017