Truck Talk: Risky business edition

Welcome back to Truck Talk. This week, we look behind the numbers at recent SPAC financial reports, including a potentially long wait for some Nikola fuel cell truck customers. Also, who reigns supreme in engine-making, Xos mobile energy refueling and more.

Behind the numbers

As young companies begin public trading once their sponsors recede to the background, investors begin to see how aligned their projections of success are with reality. Losses, sometimes really big red numbers in net and...

https://www.freightwaves.com/news/truck-talk-risky-business-edition

Amazon ramps up renewable energy investments

Amazon is investing in 14 additional renewable energy projects in North America and Europe.

With 10 gigawatts of renewable energy globally, Amazon just became the “largest corporate buyer of renewable energy” in the U.S. and the world. 

In a race to get to net-zero emissions, meet sustainability targets and move away from fossil fuels, Amazon is on its way to meet its goal to power 100% of company activities with renewable energy by 2025.

The company currently has 232 renewable energy projects around the world — “enough to power 2.5 million U.S. homes,” according to a Wednesday release....

https://www.freightwaves.com/news/amazon-ramps-up-renewable-energy-investments

C.H. Robinson still charging ahead after 654% growth in renewables business

C.H. Robinson explains logistics challenges with renewable energy parts.

It’s impressive to see a truck transporting a massive wind turbine blade on the highway. But it only hints at the complex logistics involved in ensuring every part of the turbine reaches the construction site, and the appropriate number of workers arrive at the site each day.

Cheaper renewable energy, increasing tax incentives, sustainability commitments from utility companies and other businesses, and the Paris Agreement climate goals are all driving the adoption of renewable energy.

However,...

https://www.freightwaves.com/news/c-h-robinson-still-charging-ahead-after-654-growth-in-renewables-business

Early renewable energy achievement on tap for AB InBev

Learn about AB InBev's sustainable supply chain.

AB InBev is on track to reach its 2025 goal of 100% renewable energy in 2021, according to Angie Slaughter, vice president of sustainability logistics and capabilities procurement at Anheuser-Busch InBev. 

Slaughter joined FreightWaves Executive Publisher Kevin Hill in a fireside chat Tuesday during the North American Supply Chain Summit to talk about sustainability throughout the supply chain. 

Slaughter said AB InBev has a wind farm in Oklahoma that produces 152 megawatts of power, representing...

https://s29755.pcdn.co/news/early-renewable-energy-achievement-on-tap-for-ab-inbev

Wind and Solar Energy Powered Ships To Sail Towards Zero Emissions

  • Solar Power found to be a cost effective fuel reduction option on marine vehicles.
  • Aquarius MRE and Energy Sail, a solution combining solar and wind energy was created in order to reduce harmful emissions and lower fuel consumption. 
  • A prototype of the EnergySail has completed feasibility tests and a second batch of manufacturing is underway in Japan.
  • Components of the Aquarius MRE sub-system were tested on-board a high speed ferry.
Renewable Energy for Zero Emissions Shipping

The shipping...

https://mfame.guru/wind-and-solar-energy-powered-ships-to-sail-towards-zero-emissions/

Wabash National and eNow release solar-powered reefer

Wabash National zero-emissions trailer

Wabash National (NYSE: WNC) and solar power supplier eNow are harnessing the sun to power a road-ready all-electric Carrier Transicold refrigerated trailer. It could save 50% over a diesel-powered unit.

The zero-emission trailer debuted at the American Trucking Associations’ (ATA) Technology and Maintenance Council (TMC) meeting in February. Reefers are designed to keep perishable goods cool during transport.

Solar-powered refers are not new. But their adoption is slow. Until recently,...

https://s29755.pcdn.co/news/wabash-national-and-enow-release-solar-powered-reefer