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addvantage USA Helps Fleets Reduce Diesel Consumption By 15 Percent
Tuesday, May 14, 2019 - 10:09am | 698In April, Los Angeles-based serial entrepreneur Daniel Mitchell successfully raised $650,000 in crowdfunding investment for his startup addvantage USA, a company that helps reduce vehicle emissions by increasing the efficiency of diesel engines. addvantage used crowdfunding rather than opting for...
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How Trucking Can Mitigate Risks Of IMO 2020 Marine Fuel Rule
Wednesday, May 8, 2019 - 4:16pm | 893The trucking industry should keep a close eye on the forward curve of low-sulfur diesel fuel as implementation of IMO 2020 nears, according to speakers during the third day of Transparency19. Under the IMO 2020 regulation, marine fuels must have a sulfur content of 0.5 percent or less, or scrubbers...
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A Little Diesel Helps Lion8 Electric Truck Conquer The Cold
Friday, April 19, 2019 - 10:54am | 845The Lion8 boasts cold-weather performance fitting to the Class 8 electric truck's Canadian origins – only a 10 percent reduction in range even in sub-zero temperatures. "That's because we're heating the cabin with a diesel auxiliary system. If we don't, then we...
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The Outlook Of One Energy Economist For IMO2020: Chaos In The Diesel Market
Monday, March 18, 2019 - 4:38pm | 1305Most analyses of the price impact of IMO 2020 have taken a fairly conservative approach. They look at the longer term ways in which the oil market will adjust and substitute lower-sulfur fuels for higher-sulfur fuels in order to meet the mandate that marine fuels can contain no more than 0.5...
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Spread Between Retail And Rack Diesel Price Could Compress Carrier Margins In January
Monday, January 28, 2019 - 11:15am | 1123FREIGHTWAVES' SONAR CHART OF THE WEEK (Jan 27 -Feb 2, 2019) Chart of the Week: Retail to Wholesale Fuel Spread, USA, San Diego, and Dallas (SONAR:FUELS.USA, FUELS.SAN, FUELS.DAL) The spread between retail and wholesale fuel prices expand and contract, potentially doing the same to...
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FreightWaves Oil Report: A U.S. Government Agency Makes A Specific Estimate How IMO2020 Will Hit Diesel Prices
Monday, January 21, 2019 - 11:25am | 1287IMO2020 will be the law of the land – or should we say, law of the seas – in a year. The International Maritime Organization (IMO) is requiring that ships burn fuel with a sulfur content no greater than 0.5 percent beginning on January 1, 2020. At present, there are areas of major...
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The FreightWaves Oil Report: Markets Do Something They Hadn't Done For Nine Years
Monday, January 14, 2019 - 12:17pm | 1208A weekly look at what occurred in the oil markets of the U.S. and the world this past week. Oil markets Thursday completed a nine-day stretch of rising prices before reversing course Friday. But consider that on Friday, the business media was getting all excited about the S&P 500 having posted...
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The FreightWaves Oil Report: Mexico Steps In With A New Chunk Of Low Sulfur Diesel Demand
Monday, January 7, 2019 - 12:44pm | 1098--There's so much focus on the IMO2020 rule in the transport sector, as companies start to realize that diverting that much distillate into the marine market could tighten supplies for their own needs. A more pressing switch began occurring this week, when Mexico started requiring ultra low...
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Tesoro Upgraded For Third Time In A Month
Tuesday, July 19, 2016 - 8:40am | 324Gasoline crack spreads grew in Q2, driven by record gasoline demand and increased diesel demand. Citi’s Faisel Khan upgraded the rating on Tesoro Corporation (NYSE: TSO) from Neutral to Buy, while lowering the price target from $92.50 to $92.00, following the recent pullback in the stock....
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An Overlooked ETF Caught In The Crosshairs Of The Volkswagen Scandal
Monday, October 5, 2015 - 10:36am | 647Some well-known exchange traded funds have been ensnared in the controversy surrounding Volkswagen AG (OTC: VLKAY), for the better and the worse. The iShares MSCI Germany ETF (NYSE: EWG) and the First Trust NASDAQ Global Auto Index Fund (NASDAQ: CARZ) are among the notable ETFs that have been...
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Can Volkswagen Weather The Diesel Storm?
Wednesday, September 30, 2015 - 8:18am | 535When the Environmental Protection Agency revealed that Volkswagen AG (ADR) (OTC: VLKAY) installed software on its diesel vehicles designed to cheat emissions tests, many began to discuss whether or not this scandal has the potential to put the world's largest automaker out of business....