Trucking companies are increasingly investing in training, technology and incentives to optimize driver performance when it comes to fuel consumption.
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GM to Devote $1 Billion to Michigan Heavy-Duty Truck Plants
FLINT, Mich. — General Motors Co. will invest more than $1 billion in two of its plants to prepare for production of next-generation heavy-duty trucks, the Detroit automaker announced.
June 5, 2023Walmart Announces Sustainability Initiatives
Walmart announced June 1 it will take steps to reduce the amount of plastic and cardboard it puts in the waste stream from online orders and reduce vehicle emissions from delivery of packages.
June 2, 2023GM, Stellantis Fined for Missing Fuel Efficiency Targets
General Motors Co. and Stellantis NV paid a combined $363 million in civil penalties for failing to meet U.S. fuel efficiency standards, according to filings with federal regulators.
June 2, 2023Rivian May Lose Nasdaq Spot After 90% Selloff
Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.
June 1, 2023Exxon Works to Improve Fracking Methods
Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.
June 1, 2023US, EU Agree on Heavy-Truck Charging Standard
The U.S. and European Union have agreed that when a megawatt charging standard is developed for heavy trucks, it must be universal.
May 31, 2023Stellantis’ Battery Plant Subsidy Likely to Top Volkswagen’s
Stellantis NV is likely to receive more in subsidies for a new electric vehicle battery plant in Canada than the $9.5 billion Volkswagen AG extracted for a similar project, says one expert.
May 31, 2023Diesel Prices Slip 2.8¢ to $3.855
Diesel prices dropped 2.8 cents a gallon on average to $3.855, according to Energy Information Administration data May 30.
May 31, 2023Startup Verne Aims for Hydrogen Breakthrough in Trucking
San Francisco startup Verne is developing a lightweight hydrogen solution to power heavy-duty transportation. Co-founder Ted McKlveen talks about the company's plans.
May 30, 2023