Tesla reportedly is seeking nearly $100 million from the U.S. to build nine electric semi-truck charging stations along a route from the southern border of Texas to northern California.
August 1, 2023Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
BP Profits Are Cut in Half to $2.6 Billion
LONDON — Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first quarter as oil and natural gas prices have fallen.
August 1, 2023Diesel Price Blows Past $4 a Gallon With 22.2¢ Surge
Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.
August 2, 2023Scorching Heat Curbs Gas Output, Raises Prices
Record-breaking summer heat is forcing fuelmakers to cut back operations, just as dwindling supplies are causing gasoline prices to surge around the world.
July 31, 2023US Targets 43.5 MPG for New Vehicles by 2032
DETROIT — The U.S. government wants to raise the fuel economy of new vehicles 18% by the 2032 model year so that all new vehicles would average about 43.5 miles per gallon in real-world driving.
July 28, 2023Technology Fuels a New Future for Internal Combustion Engine
Industry leaders have been working to give the basic piston engine an extended life usingÌýgreener fuels as they allow reduced cost of fuel while at the same time reducing greenhouse gases.
July 31, 2023Exxon Profit Misses Estimates as Natural Gas, Refining Slip
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit amid weaker natural gas prices and shrinking returns from fuel sales.
July 28, 2023Lordstown Ordered to Face Trial Despite Bankruptcy
A Delaware judge permitted vehicle maker Karma Automotive to move forward with an upcoming trial in California against Lordstown Motors Corp. despite Lordstown's filing for bankruptcy.
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July 27, 2023Jet Engine Wind Powers EVs in Dallas Airport Test
The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.
July 27, 2023Shell Earnings Top $5 Billion in Q2
LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.
July 27, 2023