The national average diesel price dropped 3.1 cents to reach $3.758, its lowest point in more than two years, according to Energy Information Administration data on May 27.
May 28, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Tesla Settles Fatal Crash Suit Ahead of California Trial
Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.
May 28, 2024Hess Investors Vote in Favor of $53 Billion Chevron Takeover
Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.
May 28, 2024Industry-Led ZEV Infrastructure Group Sees Membership Rise
LAS VEGAS — Powering America’s Commercial Transportation finalized its initial membership cohort in recent days with 24 founding members.
May 28, 2024Volvo to Begin Customer Hydrogen ICE Truck Tests in 2026
Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade.
May 28, 2024Penske Forms EV Infrastructure Advisory JV With Mitsui Unit
LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.
May 28, 2024Energy Transfer to Buy Permian Operator WTG for $3.3 Billion
U.S. pipeline giant Energy Transfer LP has reached a deal to buy WTG Midstream through a deal valued at about $3.25 billion.
May 28, 2024ZM to Bring Zero-Emission Work Trucks to North America
LAS VEGAS — ZM Trucks outlined its plans to enter the North American commercial vehicle market with a portfolio of battery-electric and hydrogen fuel cell electric trucks.
May 24, 2024OPEC+ Expected to Extend Supply Cuts
OPEC+ will hold next month’s policy meeting online rather than in person, while several delegates said they expected the group to extend its current supply cuts into the second half of the year.
May 24, 2024Accelera Launches Next-Gen Hydrogen, Electric Solutions
LAS VEGAS — Accelera by Cummins launched its next generation of decarbonizing technologies at Advanced Clean Transportation Expo 2024.
May 23, 2024