Executive Briefings

Positive Growth Predicted for Commercial Trucks Powered by Natural Gas

Over the next five years, the natural gas heavy-duty commercial vehicle market is set to experience rapid growth in North America.

As diesel fuel prices remain above the $3.50 per gallon range due to tight North American supplies, increasing global demand and political unrest, considerable interest has grown surrounding the potential for the use of natural gas as a vehicle fuel source.

The development of natural gas engines for commercial vehicles has been occurring in small progressive steps over the past two decades and has finally reached a level of quality whereby they are comparatively reliable options.

Given the low cost of natural gas in America, it offers a very high competitive price advantage over diesel fuel.

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Keywords: 3PL, third party logistics, transportation management, logistics management, logistics & supply chain, alternative fuels for LTL

As diesel fuel prices remain above the $3.50 per gallon range due to tight North American supplies, increasing global demand and political unrest, considerable interest has grown surrounding the potential for the use of natural gas as a vehicle fuel source.

The development of natural gas engines for commercial vehicles has been occurring in small progressive steps over the past two decades and has finally reached a level of quality whereby they are comparatively reliable options.

Given the low cost of natural gas in America, it offers a very high competitive price advantage over diesel fuel.

Read Full Article


Keywords: 3PL, third party logistics, transportation management, logistics management, logistics & supply chain, alternative fuels for LTL