Trucking executives fear sharp hikes in the cost of diesel, and perhaps a shortage, as the industry competes for fuel with ocean carriers, which have a mandate to sharply reduce pollution in fewer than 90 days.
September 5, 2019Search
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Illinois’ Gas Tax Increase to Help Fund Central Part of State
Illinois state transportation officials say this year’s 19-cent-per-gallon gas tax increase means millions of more dollars to help fix aging downstate roads.
September 5, 2019Fleets, Logistics Firms Mobilize as Dorian Inches Up Coast
As Hurricane Dorian continued to creep up the East Coast and terminals shuttered in anticipation, logistics groups launched into action.
September 5, 2019Oil Rises Toward $57 as US and China Plan Talks
Oil rose near $57 a barrel as China said it will resume talks with the U.S. to try and resolve a trade impasse that has weighed on global growth and fuel consumption.
September 5, 2019Driver Detention Has Increased in Recent Years, ATRI Finds
Driver detention at customer facilities has increased in recent years, according to new data from the American Transportation Research Institute.
September 4, 2019Porsche Unveils Its First Electric Car
Porsche picked Niagara Falls, a Chinese wind farm and a solar site in Germany to unveil its first all-electric sports car, underscoring the new Taycan’s central role in turning parent Volkswagen AG into the world’s leading seller of battery-powered vehicles.
September 4, 2019Diesel Price Slides 0.7¢ to $2.976 a Gallon as It Falls for Eighth Straight Week
The U.S. average retail price of diesel dropped 0.7 cent to $2.976 per gallon, the Department of Energy reported Sept. 3, as the price of crude dropped 2% amid the ongoing U.S.-China trade dispute.
September 3, 2019Reason Foundation: North Dakota Tops Highway Performance List; New Jersey Ranks Last
North Dakota’s infrastructure, congestion levels and safety record propelled the state to the top spot in a recent report that chronicled the performance of highway systems nationwide.
September 3, 2019CNH Industrial to Invest $250 Million in Nikola Motor Co.
Startup truck manufacturer Nikola Corp. has secured a commitment of $250 million in funding from CNH Industrial N.V. — a leader in natural gas-powered trucks and buses and the parent company of Iveco trucks — in a move designed to accelerate the use of heavy-duty trucks that use battery-electric and fuel cell technologies in North America and Europe.
September 3, 2019Oculus Transport Gets C$45M Loan From Great Rock Capital
Great Rock Capital, a commercial finance company specializing in middle-market lending, lent C$45 million to Oculus Transport Ltd. of Calgary, Alberta.
August 30, 2019