October 31, 2013
YOUR NEXT TRUCK WILL BE A VOLT:
Truckers Tap Into Gas Boom : Operators of U.S. Truck Fleets Are Accelerating a Shift to Natural Gas Fueled Vehicles (MIKE RAMSEY, Oct. 29, 2013, WSJ)
Operators of some of the largest U.S. truck fleets, including Lowe's LOW -0.74% Cos., Procter & Gamble Co. PG -0.94% and United Parcel Service Inc., UPS -0.04% are accelerating a shift to natural gas fueled trucks, betting on new engine technology that promises to drop the cost of shifting from diesel fuel. [...]The nation's supply of relatively cheap natural gas is helping spur this shift. So are new natural gas engines that can power heavy-duty trucks that weigh up to 80,000 pounds. The first, a 12-liter Cummins Westport Inc. natural gas engine went on sale in July. Next year, Volvo AB, VOLV-B.SK -0.77% the Swedish heavy truck maker, will introduce a natural gas engine for its trucks.Long-distance trucking companies, like Con-way Inc., CNW -8.67% Schneider National Inc., Swift Transportation Corp. SWFT -1.76% and Werner Enterprises Inc. WERN -0.69% are testing compressed natural gas and liquefied natural gas powered trucks as they awaiting more powerful engines and a nationwide fueling and repair infrastructure.
Posted by Orrin Judd at October 31, 2013 6:08 PM
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