The premium paid by drivers of luxury cars and large SUVs over regular fuel is increasing due to a number of industry factors, including environmental regulations and refining capacity.
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
California Regulators Could Decide Oil Profits Penalty
California Gov. Gavin Newsom said March 15 he wants state regulators to decide whether to impose the nation’s first penalty on oil companies for price gouging.
March 16, 2023Amazon, Rivian May End EV Van Exclusivity
Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports.
March 14, 2023Diesel Down 3.5¢ to $4.247
The national average price for diesel slipped 3.5 cents to $4.247 a gallon, according to Energy Information Administration data released March 13.
March 13, 2023Hydrogen, Alternative Fuels Advancing Steadily, Natso Panelists Say
GRAPEVINE, Texas — Like other sectors of the trucking industry, truck stop plazas are learning firsthand the challenges and opportunities they will face as hydrogen, battery-electric and other alternative fuel sources become more widespread.
March 10, 2023Purolator Plans Largest Investment to Electrify Network
Purolator Inc. will make its largest investment at $1 billion to electrify its Canadian network over the next seven years, the company announced March 9.
March 15, 2023Keystone Oil Spill Probe Seen Cutting Back Pipeline Flows
A U.S. probe into the 13,000-barrel oil spill on TC Energy’s Keystone pipeline is expected to cut into crude flows ahead of the summer driving season.
March 8, 2023Love’s Travel Stops Founder Tom Love Dies at 85
Love’s Travel Stops & Country Stores founder Tom Love, who grew the company from a single service station to a chain of more than 600 truck stop locations nationwide, died March 7, the company announced. He was 85.
March 7, 2023Michigan Roads See Funding Gap of Up to $3.9 Billion as Report Floats Tax Increase
Michigan has an annual funding gap of roughly $2.1 billion to $3.9 billion when it comes to money to maintain the state’s crumbling roads and bridges — even after record federal aid and state bonding is taken into account, according to a new study of the state’s infrastructure costs.
March 7, 2023Diesel Dips 1.2¢ to $4.282 a Gallon
Diesel’s national average price continued to decline, but only by a 1.2-cent dip to $4.282 a gallon, according to Energy Information Administration data released March 6.
March 6, 2023