Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Business, Fuel, Logistics

Europe’s Diesel Supply Chain Threatened by High Freight Costs

A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.

Jack Wittels | Bloomberg News
January 26, 2024

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Government, Business, Fuel

Biden Freezes Approvals of New Licenses for LNG Exporters

The Biden administration on Jan. 26 halted the approval of new licenses to export U.S. liquefied natural gas — a moratorium likely to disrupt plans for billions of dollars in projects.

January 26, 2024
Business, Fuel, Global Freight

Maersk Unveils World’s Biggest Methanol-Powered Containership

A.P. Moller-Maersk A/S’s newest methanol-powered vessel will soon set sail from South Korea as the shipper seeks to reduce emissions in one of the world’s most-polluting industries.

Heejin Kim | Bloomberg News
January 26, 2024
Government, Business, Safety, Fuel

Daily Fuel Tanker Costs Eclipse $100,000 for Some in Red Sea

Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.

Alex Longley | Bloomberg News
January 25, 2024
Business, Equipment, Fuel, Private

Hyzon Sends Four Hydrogen FCEV Trucks to PFG in California

Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, Technology, Equipment, Fuel

Daimler Truck to Explore Abu Dhabi’s Green Hydrogen Supply

Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.

Wilfried Eckl-Dorna | Bloomberg News
January 25, 2024
Business, Technology, Fuel, Autonomous

Tesla Q4 Earnings Fall Short of Analyst Estimates

DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.

Tom Krisher | Associated Press
January 24, 2024
Government, Business, Technology, Fuel

Hydrogen Company Plug Power Closes In on $1.6 Billion Loan

Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

Tope Alake | Bloomberg News
January 23, 2024
Business, Equipment, Fuel, Autonomous

Volvo Unveils Redesigned Flagship Class 8 VNL Tractor

Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment, Fuel

Love’s, DTNA Roll Out Freightliner Maintenance Network

Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.

Keiron Greenhalgh | Staff Reporter
January 23, 2024