Abundant natural gas resources, an all-electric plant and just a nine-day hop to energy-hungry Asian markets were not enough to persuade Chevron Corp. to pursue its Kitimat gas export project in western Canada, marking a further blow to the country’s beleaguered fossil fuel industry.
December 11, 2019Search
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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..
Exxon Mobil Prevails in Lawsuit Over Climate Regulations
NEW YORK — Exxon Mobil won Dec. 10 in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.
December 11, 2019November US Consumer Prices Up 0.3% on Rising Energy Costs
WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.
December 11, 2019Audit Finds Proposed EPA Glider Rule Repeal Skipped Legal, Health Analyses
A new report by the Environmental Protection Agency Inspector General determined that former agency Administrator Scott Pruitt failed to follow legal and public health safeguards in 2017 when he proposed to repeal an Obama-era regulation limiting the number of glider trucks that could be manufactured annually.
December 11, 2019Saudi Aramco Gains 10% in Debut to Clinch Top Seat at $1.8 Trillion
RIYADH, Saudi Arabia — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market Dec. 11 in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world.
December 11, 2019NACFE Report Predicts Multiple Fuels Will Give Way to Battery-Electric
The North American Council for Freight Efficiency forecasts commercial battery-electric vehicles and fuel cell trucks will be capable of lower total cost of ownership, compared with baseline diesel trucks, in the 2030 time frame.
December 10, 2019GM Loans Ohio Plant Buyer $40 Million to Launch Electric Truck
General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.
December 10, 2019Diesel Drops 2.1¢ to $3.049 a Gallon
The U.S. average retail price of diesel dropped 2.1 cents to $3.049 a gallon, the Department of Energy reported Dec. 9.
December 9, 2019Germany Edges Out Norway as Europe’s Biggest Electric Car Market
Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.
December 9, 2019The Dawn of Electric Trucks
The introduction of electric-powered commercial trucks continued to gain momentum in 2019 with more investment, more prototypes unveiled and more deployments in real-world freight operations. Read our Special Report.
December 6, 2019