Category: Fuel & Oil

Increasing industrial automation fuels growth opportunities for electric motors in North America

fleetnewsdaily | March 30, 2020

Traction motors are predicted to be the fastest-growing segment in the next five years, driven by the spurt in demand for electric vehicles Frost & Sullivan’s recent analysis of the market for electric motors in North America forecasts that sector revenues will witness steady growth between 2019 and 2024, increasing at a CAGR of 3.5% from $7.2 billion to $8.5 billion. The transition from engines, […]

Momentum Dynamics and GreenPower Motor Collaborate to Develop Wirelessly-Charged Electric Buses

fleetnewsdaily | March 30, 2020

Momentum Dynamics to Integrate Wireless Charging into Purpose-Built EV Star Momentum Dynamics and GreenPower Motor Company Inc. have announced a three-year OEM agreement to develop and sell wirelessly charged, purpose-built all-electric transit vehicles. The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the EV Star, a purpose built, 25ft […]

Comdata Launches New Solution to Support Same-Day Shipper Payments for Trucking Fleets

fleetnewsdaily | March 27, 2020

New Comdata QuickPay gives fleet owners access to capital within 24 hours Comdata Inc., a FLEETCOR company and world leader in payment innovation, introduces Comdata QuickPay powered by Crestmark, a division of Metabank. Comdata QuickPay is a new financing solution that gives fleet owners access to same-day payments on the loads they deliver. The program also helps fleets […]

TravelCenters of America Creates Plan to Show Gratitude for Employees Working During COVID-19 Pandemic

fleetnewsdaily | March 27, 2020

All TA, Petro Stopping Center and TA Express locations remain open and ready to serve drivers TravelCenters of America Inc. (Nasdaq: TA), nationwide operator of the TA, Petro Stopping Centers and TA Express travel center network, is implementing a plan to help its more than 21,000 employees who continue to work and serve customers during […]

San Paso Truck Stop and Melton Technologies Providing Free Breakfasts To Truckers

fleetnewsdaily | March 25, 2020

Truckers, we thank you for all that you do As a thank you to America’s hard-working truckers in these hard times, the San Paso Truck Stop, in cooperation with its partner Melton Technologies, Inc., will be providing free breakfasts to all truckers who come to the truck stop at 81 Wellsona Rd, Paso Robles, starting today. The free breakfast bags […]

Ideanomics’ MEG Announces Strategic Agreement with EV Heavy Truck and Bus Manufacturer

fleetnewsdaily | March 23, 2020

Deal will facilitate electric heavy-duty truck sales in China, starting with Inner Mongolia mines and the port of Qingdao Ideanomics, has a strategic framework agreement with leading EV heavy truck and bus manufacturer, BeiBen Heavy Truck Co. Ltd (“BeiBen”). The framework agreement is designed to establish a long-term strategic partnership that will create a strategic platform […]