Category: Fuel & Oil

Love’s grows financial services business with factoring acquisition

Love’s grows financial services business with factoring acquisition

| July 29, 2024

Adds more than 500 freight factoring customers from REV Capital’s U.S. transportation book of business  Love’s Financial is welcoming hundreds of new financial services customers with the acquisition of the U.S. transportation factoring portfolio of REV Capital. During Love’s Financial’s 10th anniversary year, the deal aligns with Love’s plans to grow its financial services business […]

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Canoo Announces Commercial Fleet Order from Go2 Delivery

Canoo Announces Commercial Fleet Order from Go2 Delivery

| July 28, 2024

Carbon-free courier to purchase up to 90 electric Class 1 Delivery Vans for routed and demand basis last mile healthcare deliveries  Canoo Inc. advanced mobility company, announced that Go2 Delivery, a sustainable logistics solutions provider, has signed a definitive agreement to purchase five fully-electric commercial delivery vans with the potential to purchase up to an additional […]

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CTE to Lead 1,000-Bus Initiative as DOE Signs $12.6 Billion Agreement for California’s Regional Clean Hydrogen Hub Project

CTE to Lead 1,000-Bus Initiative as DOE Signs $12.6 Billion Agreement for California’s Regional Clean Hydrogen Hub Project

| July 25, 2024

Project involves deploying more than 1,000 fuel cell electric buses (FCEBs) across 13 California transit agencies over the next five to eight years. It also includes the construction of refueling facilities The U.S. Department of Energy (DOE) has announced the signing of a landmark $12.6 billion agreement, including up to $1.2 billion from the DOE […]

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Top 10 States Most Likely to Ignore Speed Limits Revealed

Top 10 States Most Likely to Ignore Speed Limits Revealed

| July 25, 2024

New research reveals the states with the most drivers who speed On average, it’s estimated that more than 100,000 speeding tickets are issued to US drivers each day, costing America approximately $6 billion a year. Speed limits are there to ensure your safety, along with your passengers’ and fellow drivers’. But which states are the […]

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The Shyft Group Acquires Independent Truck Upfitters, Enhancing Capabilities Across Specialty Vehicle Product Portfolio

The Shyft Group Acquires Independent Truck Upfitters, Enhancing Capabilities Across Specialty Vehicle Product Portfolio

| July 25, 2024

ITU serves utility, construction, and fleet management companies with custom solutions, including bodies, crane packages, liftgates, and aftermarket accessories for commercial work trucks  The Shyft Group, Inc. specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, acquired Independent Truck Upfitters (ITU), a leading service body and work truck upfitter based in the […]

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TravelCenters of America to Break Ground on its First Electric Truck Charging Station

TravelCenters of America to Break Ground on its First Electric Truck Charging Station

| July 24, 2024

Focused on fast and reliable charging, bp pulse deploys charging points for EV drivers and commercial fleets on the go; at destination hubs, at the depot and bp retail sites TravelCenters of America, alongside bp pulse and the California EnergyCommission, is proud to announce the groundbreaking of one of the nation’s firstpublicly accessible MHD truck […]

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