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.
FreightWaves had a chance to speak with Jason Schenker about what’s ahead for the freight and automotive industries, and what that means for our lives.
Today prosecutors played a tape of former Pilot President Mark Hazelwood using the n-word and disparaging the citizens of Cleveland, Ohio, and Oakland, California. The other defendants asked the judge for separate trials, but he said a decision would have to wait.
Trucking and logistics have grabbed a share of the spotlight this year at the Consumer Electronics Show this week in Las Vegas. None, though, has grabbed more attention than Toyota’s E-Palette concept and alliance that includes such big names as Amazon, DiDi, Mazda, Pizza Hut and Uber.
Mexico’s ambassador to the United States told CBS News there is a 50% chance that the end result of NAFTA negotiations will be termination of the trade pact.
In the developed countries of the West, autonomous driving technology is widely touted as the thing of the future. Move halfway across the globe to one of the densest and the world’s second most populated country, the idea of self-driving vehicles might still be a distant dream.
The shift away from fossil fuels has attracted mayors in the state of Hawaii to commit to renewable transportation sources, according to an article written by Honolulu mayor Kirk Cameron with Dawn Lippert.
A holiday week did little to slow the rising tide of rates as 2017 came to a close. According to DAT Solutions, national spot rates for van and refrigerated loads reached their highest point of the year.
Peloton announced that vehicles equipped with its platooning technology have covered over 1,000 miles in Florida testing.
Oil prices finished 2017 above $60 a barrel for crude, surpassing their highest level in more than two years. Delivery of light, sweet crude for February was up 1% to $60.42 a barrel on the New York Mercantile Exchange. Brent crude was up 71 cents to $66.78 a barrel.
Tesla is now accepting orders for its Tesla Semi in three European countries. The different dynamics of the European freight market represent some different challenges for the company.
The Canadian province of Ontario has announced an electric truck rebate of 60% of the incremental purchase cost compared to an equivalent conventional fuel vehicle, up to a cap of CA$75,000 per vehicle, under the new Green Commercial Vehicle Program.
California-based electric charging companies are set to benefit from the $2 billion settlement that VW agreed to with the government.
It is estimated that international trade-related freight transport accounts for nearly one-third of the total emissions across the world. Such situations call for innovation in the freight industry that could help mitigate carbon footprint through optimizing fuel consumption and improving operational efficiency.
Roads across the world have remained the same for generations, but that is slowly changing as research labs across the world are working on introducing electrically smart roads into the primitive niche.
Meritor has made a strategic investment in TransPower, hoping to tap into the company’s full electric trucking solutions and integrated drive systems along with energy-storage subsystems.
Global technology company Wabco Holdings has acquired a 1% equity stake in Nikola Motor Company with a $10 million investment. Nikola is designing a hydrogen-electric Class 8 truck.
Thor describes themselves as a “transportation lab with a goal of tackling fleet management problems.”
Toyota Motors’ trucking subsidiary Hino Motors has partnered with India’s Ashok Leyland in an effort to comply with the India Bharat Stage VI (BS6) regulations for reducing emissions from vehicles, The Japan Times reported.
The Budweiser brewer says this is part of its strategy to reduce the company’s carbon emissions by 30% by 2025.
Technology startup FR8 Revolution has received an investment from Sandhills Publishing as well as announced a new technology partnership with the company.
