The price of diesel remained essentially flat the past week, dipping one-tenth of a cent to $2.427 a gallon, the Energy Information Administration reported Aug. 17.
August 17, 2020Search
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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..
US Approves Oil, Gas Leasing Plan for Alaska Wildlife Refuge
The Trump administration on Aug. 17 took another step to opening Alaska’s Arctic National Wildlife Refuge to drilling for oil and gas, potentially fulfilling a decadeslong dream for Republicans.
August 17, 2020Tesla Extends Rally With Market Value Nearing Consumer Giant P&G
The relentless rally in Tesla Inc. shares has driven its valuation close to the consumer product behemoth Procter & Gamble Co. as investors bet on the electric vehicle maker’s ability to dominate the automotive market of the future.
August 17, 2020Black Horse Carriers Joins Penske’s Electric Vehicle Program
Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.
August 17, 2020Oil Drops for Third Day Before OPEC+ Reviews Easing Output Cuts
Oil fell below $42 a barrel in New York as OPEC+ gathered to assess its supply deal, with countries struggling to contain the virus that has hurt economies and fuel demand globally.
August 17, 2020Agency OKs $27M to Boost Zero-Emission Vehicles in California
California’s South Coast Air Quality Management District has approved the first installment of $27 million in a program that ultimately will provide up to $90 million to replace higher-polluting Class 8 trucks and port drayage trucks with zero-emission vehicles.
August 17, 2020Navistar Locates NEXT eMobility Unit in Michigan
Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.
August 14, 2020US Seizes Four Iranian Tankers Carrying Fuel to Venezuela
The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.
August 14, 2020Oil Set to Eke Out Weekly Gain With Virus Fears Capping Prices
Oil is poised to post a second straight weekly gain, buoyed by an improving global economic picture and rising U.S. gasoline demand.
August 14, 2020ExxonMobil to Distribute Renewable Diesel
ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years.
August 14, 2020