It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.
December 15, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
OPEC’s President Says Oil Cartel Cannot Rush Output Increases
The president of the Organization of Petroleum Exporting Countries reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of the world.
December 15, 2020Diesel Rises 3.3¢ in Sixth Straight Increase
The average price of diesel increased by 3.3 cents a gallon nationwide to $2.559, according to weekly data released by the U.S. Energy Information Administration on Dec. 14. Still, trucking’s primary fuel costs 48.7 cents less than it did a year ago.
December 14, 2020New Toyota Fuel Cell System Close to Being Available to Class 8 Makers
Toyota Motor Corp. unveiled a second-generation fuel cell system that is nearing the point when it could be offered to heavy-duty truck builders looking to build hydrogen-powered tractors.
December 14, 2020Oil Ekes Out Weekly Gain After Retreating From Nine-Month High
Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand.
December 11, 2020GM’s Cruise to Deploy Driverless Cars in San Francisco
SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.
December 9, 2020Tesla’s German Factory Faces New Snag After Court Halts Logging
Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.
December 8, 2020Diesel Continues to Climb on Increasing Global Oil Demand
The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.
December 7, 2020Missouri Lawmakers May Ask Voters to Raise Gas Tax in 2021
JEFFERSON CITY, Mo. — Two years after Missouri voters decisively rejected a proposal to raise Missouri’s gasoline tax, the leader of the Senate wants a do-over.
December 7, 2020Oil Slips From Nine-Month High With Markets in Risk-Off Mode
Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.
December 7, 2020