Both China and the U.S. are chasing alternative fuel options, but according to a new report, American technologies will be slower to develop but will cover a broader scope. Electric vehicles in particular are quickly gaining ground in China because of their domestic battery production facilities, and they will advance at a much faster pace than the U.S. However, electric vehicles are but one alternative fuel solution the Americans are pursuing, along with innovations that make use of its large natural gas supply and biotechnology-based agriculture and biofuel products. According to the Continue Reading

Rising logistics costs, driven fuel in particular, may just have some benefit, according to one industry leader. Kelly Dier, president of Marmon Highway Technologies (MHT), predicts higher fuel costs – as much as $6 to $8 per gallon in the next five years – will bring manufacturing back to North America. The supply chain will rely heavily on Continue Reading

Tariffs on car and light truck tired from China will carry an additional 35 percent charge, after President Obama approved the action yesterday. In their first year levied, the tariff will be 35 percent and dropping by 5 percent each of the next two years. With Chinese imports more than tripling in a four-year span, the U.S. International Trade Commission (ITC) recommended Continue Reading