The adoption of emerging technologies contributes to safety improvements throughout the nation’s transportation network, federal lawmakers and stakeholders said.
Category: News
ConocoPhillips to Buy Marathon Oil for $17.1 Billion
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
Diesel Price Slips 3.1¢ to Settle at $3.758
The national average diesel price dropped 3.1 cents to reach $3.758, its lowest point in more than two years, according to Energy Information Administration data on May 27.
Tesla Settles Fatal Crash Suit Ahead of California Trial
Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.
BET Evolution at Same Point as Brick Cellphones: Sanchez
Battery-electric trucks have arrived at an evolutionary point not dissimilar to the one that brick-style cellphones occupied in the 1980s, Ryder System CEO Robert Sanchez said.
Hess Investors Vote in Favor of $53 Billion Chevron Takeover
Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.
Industry-Led ZEV Infrastructure Group Sees Membership Rise
LAS VEGAS — Powering America’s Commercial Transportation finalized its initial membership cohort in recent days with 24 founding members.
Volvo to Begin Customer Hydrogen ICE Truck Tests in 2026
Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade,
Volvo to Begin Customer Hydrogen ICE Truck Tests in 2026
Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade,
Shippers, Private Fleets Aim for Sustainability
LAS VEGAS — Despite higher costs, some shippers and carriers continue to invest in alternative fuels and zero-emission transportation to meet their corporate sustainability objectives.