All General Motors Co. CEO Mary Barra needed to hit a stock record was $27 billion and a bit of braggadocio.
January 20, 2021Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Diesel Rises 2.6¢; Biden Stops Development of Keystone XL Pipeline
Truckers are continuing to see higher diesel prices as the nationwide cost of trucking’s main fuel rose 2.6 cents, the Energy Information Administration reported Jan. 18.
January 19, 2021Spending on Global Energy Transition Hits Record $500 Billion
The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.
January 19, 2021Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.
January 19, 2021Oil Slumps on Dollar Strength, Cooling Consumer Sentiment
Oil slid by the most in three weeks as a stronger dollar and weak U.S. economic data stoked concerns over an economic rebound.
January 15, 2021Trump Aims to End Ethanol Warning Labels in Biofuel Policy Blitz
The Trump administration advanced a flurry of biofuel policy proposals Jan. 15, including plans that could help ethanol producers sell more of the corn-based fuel.
January 15, 2021NACFE Plans Run on Less-Electric Event in September
The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.
January 14, 2021Diesel Forward Acquires Dipaco
Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.
January 14, 2021EPA Readies Biofuel Waivers, Delays for Trump’s Final Days
The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy.
January 13, 2021US Diesel Stockpiles Swell as Global Fuel Demand Falters
The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.
January 13, 2021