Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs arenāt necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.
April 29, 2022Search
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Exxon Profits Surge
NEW YORK ā Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
April 29, 2022Top Democrats Push for FTC Crackdown on High Gas Prices
WASHINGTON ā Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
April 28, 2022Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. ā Several customersā recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.ās new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikolaās first-ever quarterly revenue.
April 28, 2022Rivian Reaches Deal in Georgia for Environmental Standards
A development authority east of Atlanta has voted to approve an āeconomic development agreementā for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.
April 28, 2022FMCSA Issues āNotice of Intentā to Require Speed Limiters on Heavy Trucks
The Federal Motor Carrier Safety Administration on April 27 issued a notice of intent to move forward with a rulemaking to require the use of speed limiters for commercial motor vehicles.
April 27, 2022Ford Eyes EV Market Leadership With Launch of F-150 Lightning
Ford Motor Co. is officially planting its flag with the launch of an all-electric version of Americaās best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.
April 27, 2022Dems Consider Legislative Moves to Cut Gas Prices
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer met on April 27 to discuss possible legislation to reduce gas prices, according to a Democratic aide.
April 27, 2022The Big EV Charging Mystery: How Long Does It Take?
How long does it take to āfill upā an electric car? Well, that depends on the car ⦠and the charger ⦠and how many other cars are plugged into the charger ⦠and how full the battery is to begin with ⦠and, oh yeah, the weather matters, too.
April 27, 2022US Earmarks $504 Million for Worldās Largest Hydrogen Hub
The U.S. is backing a project to create the worldās largest hydrogen production and storage facility in Utah in a push to bring the clean-burning fuel into the mainstream.
April 26, 2022