Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.
January 13, 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..
Paccar Parts Begins Selling Electric Vehicle Chargers
Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.
January 13, 2021Hunt for the Next Tesla Fuels Wave of EV Deals
Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.
January 12, 2021Sherri Baker Joins Hyliion as Chief Financial Officer
Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.
January 12, 2021Exports Boosted US Shale Market, but Long-Term Demand Uncertain
These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.
January 12, 2021Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
January 12, 2021Diesel Rises 3¢ to $2.67 a Gallon
The first full week of 2021 saw the nationwide price of diesel continue to rise, as it had for the last weeks of 2020. Trucking’s main fuel notched a 3-cent increase, according to the Energy Information Administration’s weekly data released Jan. 11.
January 11, 2021Pilot, RTS Announce Partnership Aimed at Fleets
Travel center operator Pilot Co. and RTS Financial announced their fuel and factoring partnership with a variety of services.
January 11, 2021Winter LNG Boom Creates Most Expensive Cargo Ships in History
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.
January 11, 2021Oil Dips Below $52 With Dollar Rising as Rally Takes Breather
Oil fell as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months.
January 11, 2021