Diesel average climbs to $4.10
The national average price is at its highest level since Sept. 1, 2008, when it was $4.121 and $1.03 a gallon higher than the same week last year.
US DOE to award $5M for EV infrastructure; partnership with Google
Energy Secretary Steven Chu announced the availability of $5 million in new funding (DE-FOA-0000451) for community-based efforts to deploy electric vehicle (EV) infrastructure and charging stations. He also outlined a partnership with Google Inc. and m…
TransCore’s Canadian Freight Index sets new all-time record
TORONTO, Ont. — TransCore’s Canadian Freight Index set a new all-time record in March, topping its previous record from May 2008. Volumes for March were up 35% from the previous year and 36% from the prior month. For the first quarter of… [Full St…
Fuel economy conundrum: $4.50+ gas detrimental to US auto industry
High gas prices good for hybrids, bad for the US auto industry
The mainstream embrace of hybrids and plug-in vehicles impossible for now?
Earlier today, CNBC’s Phil Lebeau interviewed Toyota’s US VP Bob Carter. After covering supply issues – an inter…
Diesel Rises Again, Climbing 2.7¢ to $4.105
Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.
Saltchuk Resources to Acquire Interstate Distributor Co.
Interstate Distributor Co. announced that the 78-year-old trucking company owned by the McLean family has agreed to be acquired by Saltchuk Resources based in Seattle.
Brazil: Petrobras to Double Bio-fuel Production
In a bid to assert its authority as the world-leader in bio-fuel use, the Brazilian government has directed Petrobras (which is partially owned by the Brazilian government) to double its biofuel output over the next four years. Brazil’s government h…
Housing Starts Rise 7.2% in March
Housing starts rose 7.2% in March following a big drop in February, the Commerce Department said Tuesday.
Housing Starts Rise 7.2% in March
Housing starts rose 7.2% in March following a big drop in February, the Commerce Department said Tuesday.
Pike Research forecasts sales of fuel cell vehicles to cross 1M mark in 2020
Fuel cell light-duty vehicles sales, 2015-2020. Source: Pike Research. Click to enlarge.
According to a new report from Pike Research, commercial sales of fuel cell vehicles (FCVs) will reach the key milestone of 1 million vehicles by 2020, with a …