ConMet

Will natural gas payback beat EV adoption?

The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption.

But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First is methane leakage from the source of the RNG. Methane escaping into the atmosphere is a huge contributor to planet-warming greenhouse gas.

Second, and most...

https://www.freightwaves.com/news/will-natural-gas-payback-beat-ev-adoption

Electrolyzers only scratch the surface of midcentury hydrogen demand

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Even as manufacturing of electrolyzers grows, the hydrogen-making devices barely address the...

https://www.freightwaves.com/news/electrolyzers-only-scratch-the-surface-of-midcentury-hydrogen-demand

ConMet acquires maker of tractor-trailer gap-closing TruckWings

Tractor-trailer parts and components maker ConMet has acquired Truck Labs, the inventor of gap-closing TruckWings that create fuel savings through aerodynamics.

Truck Labs, founded in 2014 as XStream, will become a wholly owned subsidiary of Vancouver, Washington-based ConMet. Financial terms were not disclosed.

Becoming part of a major supplier could help Truck Labs move into OEM factories after operating mostly in the aftermarket.

Classic combination

“It’s classic in our industry. Some...

https://www.freightwaves.com/news/conmet-acquires-maker-of-tractor-trailer-gap-closing-truckwings

TuSimple begins catch-up on financial filings

TuSimple filed the first of four late financial documents this week. It’s easy to see why the autonomous truck software developer gave up freight hauling. It cost more than twice as much as it was seeing in revenue. And the company has just 250 U.S. employees after two rounds of layoffs and a refocus on Asian markets.

While other startups ran afoul of Nasdaq listing rules because their share price fell below $1 for more than 30 consecutive trading days, TuSimple found another way to get put on...

https://www.freightwaves.com/news/tusimple-begins-catch-up-on-financial-filings

Is Range Energy’s electrification push the future of trailers?

Making the cooling units on refrigerated trucks run on electricity instead of diesel saves fuel and reduces emissions. Startup Range Energy is betting investor money that trailer electrification can do more than just prevent liquified ice cream from arriving at the grocery store.

“What we’re doing is bringing all of the electrification that you see happening in vehicles and in power units to the trailer,” said Ali Javidan, Range Energy founder and CEO and former head of vehicle prototyping at...

https://www.freightwaves.com/news/is-range-energys-electrification-push-the-future-of-trailers

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