natural gas

Truck Tech: SPAC shenanigans edition

This week, Electric Last Mile Solutions becomes another data point for those who argue shady dealings are a byproduct of SPAC mergers; Hyliion recruits another all-star board member but investors would rather see hybrid truck contracts generating revenue; and Paccar extends its deal for Meritor’s integrated electric powertrain.

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The shady side of SPACs

The stock shenanigans that took down the top two...

https://www.freightwaves.com/news/truck-tech-spac-shenanigans-edition

Is compressed natural gas finally feasible for railroad applications?

CNGmotive’s solution for fueling locomotives provides potential to decarbonize rail using renewable natural gas.

Railroads transport goods extremely efficiently, especially in terms of fuel and greenhouse gas emissions. But most locomotives still run on fossil fuels.

Use of cleaner alternatives such as battery-electric or hydrogen requires new locomotives. However, diesel-powered locomotives can be retrofitted to run on natural gas, enabling companies to more cost-effectively reduce GHG emissions without having to retire locomotives that have years of useful life left.

Challenges of natural gas for rail

Stori...

https://www.freightwaves.com/news/is-compressed-natural-gas-finally-feasible-for-railroad-applications

Cummins manages higher segment sales despite Q3 supply chain pain

Cummins Inc. posted positive returns for all five of its business segments in Q3, but cost increases from the supply chain crisis led to downward revisions for full-year sales and profits.

The Columbus, Indiana-based engine maker said Tuesday that Q3 revenues of $6 billion increased 17% year-over-year. Sales in North America increased 13%. International revenues increased 22% due to strong global demand everywhere but China, where moderation was expected after huge gains a year ago as China...

https://www.freightwaves.com/news/cummins-manages-higher-segment-sales-despite-q3-supply-chain-pain

3 reasons RNG is decarbonizing trucking today

By Greg Roche, VP of Sustainability at Clean Energy Fuels

Trucking companies, and the shippers that hire trucking companies, are making bold commitments to cut their carbon footprint — such as becoming net zero by 2030. After the commitments are made, the hard work begins — hard work because achieving net zero or better requires more than operational improvements. 

New business practices and cost-effective alternative technologies are needed to move beyond even the cleanest diesel platform....

https://www.freightwaves.com/news/3-reasons-rng-is-decarbonizing-trucking-today

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