Today’s pickup: everybody wants to know when the market peak is happening
In today’s pickup, CEOs on analysts calls don’t see a peak and see better driver retention for their companies. Also: OPEC output and a change in Chinese scrap policy.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
In today’s pickup, CEOs on analysts calls don’t see a peak and see better driver retention for their companies. Also: OPEC output and a change in Chinese scrap policy.
Cummins Inc. announced record earnings for its second quarter this morning, and that news was immediately overshadowed by an engine recall that has already impacted 230,000 vehicles and now will encompass an additional 500,000 heavy-duty truck models.
Toyota Motor has been testing a Class 8 hydrogen fuel cell truck in port operations in California, but yesterday it took that program to the next level with introduction of Version 2 of the truck with more range and other features.
Fuel remains among the largest costs for both carriers and shippers but based on the current practice of using a fuel surcharge to mitigate volatility in pricing, both parties remain at risk of ending up on the losing end of the deal.
Heather Mueller from Breakthrough Fuels will look at the best fuel strategies for the trucking industry.
Solar power may not be the cure-all for reducing fuel costs, but it can provide assistance and achieve payback in relatively short time if used in the right applications.
Third-party supply chain provider NFI along with Penske Truck Leasing will take delivery of and test Daimler Trucks North America’s (DTNA) electric vehicles.
A united retail fuel industry thanked EPA and the Trump administration for hearing and responding to their concerns and proposing renewable fuel obligations.
Most may not associate the World Wildlife Fund (WWF) with freight movement, but the organization is working hard to change that and the industry, launching a new transport decarbonization tool on Wednesday.
Vnomics is changing the way fleets look at fuel efficiency by leveraging connected sensors, machine learning, and data modeling to automatically deliver actionable and meaningful insights on fuel efficiency.
Anheuser-Busch will purchase up to 800 Nikola Motor Company hydrogen-electric trucks as part of a plan to convert its dedicated fleet to alternative fuel by 2025.
Nikola Motor has sued Tesla for patent infringement on its Nikola One, at left. The Tesla model is at right. Nikola claims Tesla violated patents on door placement, wraparound windshield and the fuselage.
Volvo Trucks has now formally entered the all-electric push with the announcement that its FL Electric vehicle has been introduced in Europe.
Hinting that it has just received a large contract with “one of the most recognized and valuable brands in the world,” Nikola Motor Company announced last week that it will be refunding all monies paid as part of a reservation to receive a Nikola One hydrogen-electric truck.
The Uber Freight Plus fuel card provides up to 20 cents off per gallon at TA/Petro fuel stations for users, who also will receive maintenance and phone discounts in the program.
Rep. Sam Graves (R-MO) is pushing a vehicle miles tax in Washington as the solution to funding road and infrastructure improvements rather than raising fuel taxes.
The Tesla Semi has finally hit the road. Tesla founder Elon Musk posted a picture of two Tesla Semi’s leaving the company’s Gigafactory in the Nevada mountains for a trip to California.
“By defining what excellence is, you can share in its success,” said Carlton Rose, UPS’ president of global fleet maintenance & engineering.
Changes could be coming soon to the SmartWay Transport Partnership program, and they may include a number of new designations, including recognition of day cabs in the program for the first time.
The Starship is a futuristic-looking, but completely road legal, Class 8 tractor-trailer unit built through a collaboration between Shell and AirFlow Truck Company.