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EIA Reports $5.675 National Diesel Price After Three-Week Delay

The U.S. Energy Information Administration on July 7 released fuel prices covering a three-week reporting delay, and the national average price for diesel fell 10.8 cents to $5.675 in its second straight decline.

July 7, 2022

ATA’s Costello Puts Chances of a Recession in 2023 at 50-50

Economic conditions in the country and in trucking remain relatively strong, but American Trucking Associations Chief Economist Bob Costello said he has concerns about early 2023 and puts the chance of a recession in the first quarter of the year at 50-50.

July 6, 2022

WTI Oil Drops Below $100 as Recession Fears Overwhelm Markets

West Texas Intermediate crude futures dropped below $100 a barrel for the first time since May 11 as concerns grow that a global economic slowdown will ultimately hobble demand.

July 5, 2022

Volvo Says Electric, Autonomous Programs Key to Growth

Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said recently.

July 5, 2022

Gasoline Market Is Starting to Cool Down

It’s been a tailwind for oil prices for most of this year, but the previously booming U.S. gasoline market is showing a few signs of cooling off.

July 5, 2022

Tesla Pauses Plant Production

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

July 5, 2022

EIA Diesel Prices Still in Limbo Going Into Third Week

The U.S. Energy Information Administration is delaying its weekly release of national diesel prices for a third week in a row due to network issues, it announced June 30.

July 1, 2022

Hydrogen’s Uniqueness Calls for Extra Safety Measures

Safety measures are being developed to deal with the special properties of hydrogen as the pace quickens to bring heavy-duty fuel-cell trucks to market.

June 30, 2022

Refueling Milestone to Bring Fuel-Cell Hydrogen Trucks Closer to Reality

Federal researchers hope in July to reach a key milestone to refuel heavy-duty fuel-cell hydrogen trucks in 10 minutes, paving the way to prototype hardware and protocols for fueling stations.

June 30, 2022

Hyliion, Cummins Collaborate on Hypertruck ERX

Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.

June 30, 2022