Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.
January 25, 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 Q4 Earnings Fall Short of Analyst Estimates
DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.
January 24, 2024Hydrogen Company Plug Power Closes In on $1.6 Billion Loan
Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.
January 23, 2024Volvo Unveils Redesigned Flagship Class 8 VNL Tractor
Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.
January 23, 2024Red Sea Chaos Starting to Impair Profits Across Industries
With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.
January 23, 2024Love’s, DTNA Roll Out Freightliner Maintenance Network
Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.
January 23, 2024Diesel Price Sheds 2.5¢ a Gallon to $3.838
The national average diesel price fell for the third time in the first four reporting periods in January, dipping 2.5 cents to reach $3.838 a gallon, according to Energy Information Administration data for the week ending Jan. 22.
January 22, 2024USDA Awards $8.8 Million in Grants to Expand Biodiesel Sales
Nearly half of $18.89 million in U.S. Department of Agriculture biofuel grants recently awarded to 22 states will be funneled to projects that increase biodiesel storage, distribution and dispensing.
January 22, 2024Pennsylvania Diesel Tax Drops 4.4¢, Still Among Highest in US
Pennsylvania truckers are paying slightly less for diesel this year, thanks to lower average wholesale fuel prices last year that led the state to drop the motor fuel tax rate.
January 22, 2024Sunoco to Buy NuStar Energy for $7.3 Billion
Sunoco LP, a U.S. gas station owner, agreed to acquire pipeline and fuel storage company NuStar Energy LP for about $7.3 billion in a move to buy up more of a key part of its supply chain.
January 22, 2024