Fuel
Business, Fuel

Diesel, Up 2.4¢ a Gallon, Follows Oil’s Rise to $50

Daniel Acker/Bloomberg News

The U.S. average retail price of diesel jumped 2.4 cents to $2.556 a gallon, and crude oil prices climbed out of a 2 1/2-week trough, rising to $50 a barrel but still lagging prices a month earlier

Transport Topics
April 3, 2017
Business, Fuel

US Petroleum Exports Climb to Record as Crude Output Grows

Brittany Sowacke/Bloomberg News

The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show.

Laura Blewitt | Bloomberg News
April 3, 2017
Business, Safety, Government, Autonomous, Logistics, Fuel

ELDs Hot Topic at MATS as December Mandate Looms

LOUISVILLE, Ky. — Truck makers returned to the Mid-America Trucking Show, to varying degrees, and while many things seemed familiar, the specter of new competition also loomed over North America’s largest annual truck show.

Jonathan S. Reiskin | Associate News Editor
April 3, 2017
Business, Government, Safety, Fuel, Autonomous, Equipment

Flatbed, Specialty Trailer Makers Tout Strong 1Q Orders, Sales

John Sommers II for Transport Topics

LOUISVILLE, Ky. — Specialty, flatbed and heavy-hauler trailer manufacturers exhibiting at the Mid-America Trucking Show wanted to talk about an exceptionally good start to the year, plus greenhouse-gas emissions regulations, aluminum, manufacturing discipline and a shortage of welders.

Roger W. Gilroy | Staff Reporter
April 3, 2017
Business, Government, Technology, Logistics, Fuel

PeopleNet Offers 4G LTE Coverage Across North America

Maurice Northrup

PeopleNet has introduced 4G LTE network coverage to its ConnectedFleet platform to bring faster, more reliable service to fleets operating in the United States, Canada and Mexico.

Transport Topics
March 31, 2017
Business, Fuel

Oil Traders Warn There's a Supply Crunch Looming

Andrey Rudakov/Bloomberg News

The oil market is risking a supply crunch as producers cut spending on major projects to focus on short-term low-cost shale output in the United States, some of the top crude and products traders said.

Andy Hoffman and Agnieszka De Sousa | Bloomberg News
March 29, 2017
Business, Logistics, Government, Fuel

Grupo Mexico to Buy Florida East Coast Railway for $2.1 Billion

NASA Kennedy/Flickr

Mexican miner Grupo Mexico said on March 28 it had acquired Florida East Coast Railway for $2.1 billion, a rare acquisition that comes as U.S. President Donald Trump has been trying to renegotiate trade ties between the two countries.

David Alire Garcia | Reuters
March 28, 2017
Business, Fuel

Diesel Dips to $2.532 a Gallon; Oil Slides Lower

Daniel Acker/Bloomberg News

The U.S. average retail price of diesel fell 0.7 cent to $2.532 a gallon and crude oil prices extended a bumpy monthlong slide in prices, dropping below $48 a barrel, experts said.

Transport Topics
March 27, 2017
Business, Fuel

Oil Producers Consider Output Cut Extension as Support Grows

Andrey Rudakov/Bloomberg News

Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles.

Wael Mahdi | Bloomberg News
Elena Mazneva and Sam Wilkin
March 27, 2017
Business, Fuel

Nikola Sets Blueprint for 2020 Launch of Zero-Emissions, Hydrogen Class 8s

Kaitlynn Scheidler/Keep Sake Photography & Design

COLUMBUS, Ind. — Nikola Motor Co. is in discussion with the three largest truck stop operators to offer hydrogen fuel and, separately, with seven states interested in being home to its production facility as it prepares to launch in mid-2020 its zero emissions, hydrogen-electric Class 8 truck, a company executive said.

Roger W. Gilroy | Staff Reporter
March 27, 2017

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