Tag Archive | "fuel"

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Natural Gas Gets Big Boost in Deal by Navistar, Clean Fuels and T. Boone Pickens

Posted on 02 February 2012 by Rhonda Flathman

Natural gas will become a more popular fuel for commercial trucks if Navistar International and Clean Fuels Corp. can help it, and they intend to. Continue Reading

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Biodiesel Production Breaks 1 Billion Gallon Mark in 2011

Posted on 30 January 2012 by Rhonda Flathman

The U.S. biodiesel industry produced more than 1 billion gallons of fuel in 2011, a key milestone. Continue Reading

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Celadon’s 2Q earnings up 86.2%

Posted on 26 January 2012 by Rhonda Flathman

Celadon Group on Wednesday, Jan. 25, announced that revenue for the second quarter increased 6.3 percent to $141.5 million in the 2011 quarter from $133.1 million in the 2010 quarter. Freight revenue, which excludes fuel surcharges, increased to $112.4 million from $111.6 million. Net income increased 86.2 percent to $5.4 million from $2.9 million. The company’s operating ratio improved to 92.5 from 95.0. Continue Reading

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DOE Projects Reduced Reliance on Foreign Oil

Posted on 24 January 2012 by Rhonda Flathman

In an annual outlook, the U.S. Department of Energy says increased oil, natural gas and renewable energy production and energy efficiency improvements will reduce U.S. reliance on imported oil and other energy sources. Continue Reading

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Exporting Natural Gas Could Mean Higher Prices

Posted on 23 January 2012 by Rhonda Flathman

There’s been a lot of interest in natural gas as an alternative fuel for some types of trucking, largely because of its attractive price compared to diesel. But a study released by the U.S. Department of Energy says if natural gas exports continue to increase, it could cause prices here in the U.S. to rise by between 36% and 54% by 2018. Continue Reading

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Study sees seismic shift starting in engine oil market

Posted on 20 January 2012 by Rhonda Flathman

A soon-to-be released study by global research firm Frost & Sullivan predicts major change for the U.S. engine oil market for Class 4-8 trucks by 2018, driven heavily by the need to boost fuel efficiency ahead of new federal greenhouse gas (GHG) mandates for commercial trucks along with increased use of smaller engine blocks and hybrid propulsion systems. Continue Reading

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Joule Secures $70 Million For Expansion of Biofuel Demonstration Plant

Posted on 20 January 2012 by Rhonda Flathman

Startup company Joule Unlimited Technologies announced it received $70 million from undisclosed private and institutional investors, and the company hopes this funding will bring it closer to a breakthrough in biofuel technology. Continue Reading

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Clean Energy Unveils Backbone Network for Natural Gas Highway

Posted on 18 January 2012 by Rhonda Flathman

Clean Energy Fuels Corp. unveiled the route plan for the first phase of 150 new LNG fueling stations along what it’s calling “America’s Natural Gas Highway.” Continue Reading

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6 myths that are driving up fleet costs

Posted on 13 January 2012 by Rhonda Flathman

During a webinar hosted by GE Capital Fleet Services (GECFS) yesterday, several experts debunked a set of six hoary yet still-persistent myths about truck fleet decision-making. At the outset, moderator Greg Wilson, truck product leader for GECFS, said these myths, by and large, result in lost productivity and lost revenue as well as negatively impacting driver/employee retention. What’s more, he added they can cause vehicle acquisition and operating costs to rise unnecessarily and can severely ding vehicle resale values. Continue Reading

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Forecast Predicts Hybrid, Electric Truck Sales Will Nearly Double in 2012

Posted on 13 January 2012 by Rhonda Flathman

A forecast from Pike Research says that sales of hybrid and electric medium- and heavy-duty trucks will nearly double in 2012, but one industry expert thinks some of the numbers might be overly optimistic. Continue Reading

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