Semi trucks are the workhorse of modern road freight. These large, two or three axel on-road trucks are used to haul freight trailers and, on average, each one travels over five times the distance of a typical US driver annually – at one-fifth the miles per gallon efficiency.
In 2018, US semi trucks demanded over 2 million b/d in petroleum products – primarily diesel. S&P Global Platts Analytics anticipates this energy need will grow through 2040 on the back of growing population and per capita GDP. Diesel semis have the potential for large efficiency improvements via integration of already mature technologies in aerodynamics, combustion control, and road load control.
However, in a recent Platts Analytics report, Semi Trucks and US Diesel Demand; Are Alternative Fuels in the MirrorRead More »