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Exxon, Chevron Fall as First-Quarter Earnings Miss Estimates

Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.

April 26, 2024

Tesla Promises Semi Truck Production to Begin in Late 2025

Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

April 25, 2024

New VTNA, Mack Tractors to Leave Plants With HVO in Tank

All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks.

April 24, 2024

DOT Grant Program Focuses on Commercial Ports

The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.

April 24, 2024

Traton Maintains Battery-Electric Decarbonization Focus

Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.

April 24, 2024

As Q1 Profit Falls 55%, Tesla to Focus on Cheaper Vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

April 24, 2024

ATRI Study Touts Renewable Diesel’s Benefits

There are operational and environmental gains to be realized for fleets that favor renewable diesel fuel over battery-electric vehicles, according to a new ATRI study.

April 23, 2024

Diesel Price Dips Back Below $4 at $3.992 a Gallon

The national average diesel price dipped 2.3 cents to edge below $4 a gallon, according to Energy Information Administration data released April 22.

April 22, 2024

Rivian Cuts 1% of Workforce in Second Round of Layoffs

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.

April 19, 2024