Shortly after closing the doors in Lordstown, OH, GM is in discussions to sell the facility to an Electric Truck company named Workhorse. GM made the decision in November to close down four U.S. based production plants, one of which was located in Lordstown, OH and home of the Chevrolet Cruze Sedan. According to Tom Colton, head of investor relations for Workhorse, the talks are still in the preliminary stages. There is no time table for speculation of the potential returning jobs to the area. The United Autoworkers Union (UAW) has a different agenda in mind. The UAW is trying to push for a reemergence of a petrol powered vehicle plant in the old GM facility, speculated to harbor more employees than Workhorse.
There are plenty of topics to look at when judging demand. Whether it be demand for fuel, freight, or drivers there are different signals to take into consideration. Traditionally for fuel it can be judged daily by taking a look at price spikes or drops. Then freight demand can be assessed seasonally or monthly by online load boards posted by brokerages.
With constant fluctuations in price, fleet owners are becoming much more conscious of their fueling spend. Some may shop around to find more cost effective supply options, while others are looking at newer technologies to increase fuel efficiencies. Most of us have seen smart phone applications for everything it seems, but now trucking companies are more regularly looking into newer apps as a fuel optimization solution. Two companies in particular are setting the standard for over the road truckers in this category.
One third of all food produced around the world gets discarded uneaten, and environmentalists, energy analysts and entrepreneurs are beginning to take notice. With the untapped potential for generating energy, researchers have begun to notice food waste as a way of powering vehicles. Waste-to-energy (WTE) is quickly becoming one of the fastest growing segments of the energy sector. Navigant Research, which produced the 2012 report “Waste-to-Energy Technology Markets, which analyzes the global market opportunity for WTE, expects waste-to-energy to grow from its current market size of $6.2 billion to $29.2 billion by 2022."