Among the advantages Nikola Motor Co. touted when it unveiled the industry’s first Class 8 electric truck running on a hydrogen fuel cell and battery pack was the ability to significantly reduce fleet maintenance expenses.
December 12, 2016Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Nikola Hydrogen-Electric Design Called Trucking ‘Game Changer’
SALT LAKE CITY — Preparations are underway for the 2020 delivery of Nikola One, the hydrogen-electric Class 8 produced by Nikola Motor Co.
December 12, 2016US Xpress Looks to the Future With Nikola Electric Trucks
Chattanooga, Tennessee’s biggest trucking carrier is going electric, at least with some of its fleet, in the next three to five years.
December 7, 2016Oil Falls From 16-Month High as OPEC Production Keeps Rising
Oil retreated from a 16-month high after OPEC pumped a record amount of crude in November.
December 6, 2016Electric Vehicles May Take an OPEC-Sized Bite From Oil Use
A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10% of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.
December 5, 2016Diesel Average Rises 6¢ to $2.480
The U.S. average retail price of diesel increased 6 cents to $2.480 a gallon, according to the Department of Energy.
December 5, 2016Electric Class 8 Introduced
SALT LAKE CITY — Nikola Motor Co. displayed its Nikola One hydrogen-electric Class 8 tractor at its headquarters here.
December 5, 2016Pilot CEO Haslam to Give Deposition in Suit Seeking Damages in Fuel Rebate Scheme
An Ohio judge ordered Pilot Flying J CEO Jimmy Haslam to give a deposition Dec. 13 in connection with a lawsuit filed against the nation’s largest truck-stop chain by two carriers that have alleged they were victims of a massive diesel fuel rebate fraud.
December 5, 2016Diesel Prices Expected to Climb Following OPEC Cuts in January
The U.S. average retail price of diesel fell 0.1 cent to $2.420 a gallon, according to the Department of Energy, but fuel prices are likely to rise soon, one analyst said.
December 5, 2016OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil
OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.
December 1, 2016