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Truck Orders to Plunge, GDP to Fall Lower, Diesel Prices to Rise in 2020

As 2020 begins, the signs are mixed for trucking.

January 2, 2020

Diesel Climbs 2.8¢ to $3.069 Per Gallon

The U.S. average retail price of a gallon of diesel rose 2.8 cents to $3.069 a gallon, the Department of Energy reported Dec. 30.

December 30, 2019

Diesel Prices Remain Stable as IMO 2020 Mandate Set to Begin

Years of planning and preparation by the ocean shipping, oil and trucking industries are set to pay off as adequate supplies of diesel fuel are expected to be ready now that an International Maritime Organization mandate for the use of lower polluting fuel on ocean vessels is about to take effect.

December 30, 2019

Oil Extends Gain Near Three-Month High as US Stockpiles Shrink

Oil rose for a fifth session, the longest run of gains since July, as a bigger-than-forecast decline in U.S. crude stockpiles eased oversupply concerns.

December 30, 2019

Turkish Leader Unveils Prototypes of Electric Car

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.

December 27, 2019

Volkswagen Raises Forecast for Electric Car Production

FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.

December 27, 2019

GM, Tesla Head for New Year Without Electric Vehicle Tax Credits

General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit.

December 27, 2019

Rust Belt Region Banks on Becoming Hub for Electric Vehicles

The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom.

December 27, 2019

NYC Creeps Ahead on Congestion Fees, Raising Doubts on Deadline

Tolls on motorists entering midtown Manhattan promise to alter everyday life for millions of people in the most populous U.S. city. Yet with the fees slated to begin in a year, the panel empowered to set pricing and other policies has yet to be created.

December 27, 2019