We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Diesel to power smaller share of U.S. truck orders by 2040, study says
transportation

Diesel to power smaller share of U.S. truck orders by 2040, study says

September 18, 2018
DC Velocity Staff
No Comments

About two-thirds of commercial motor vehicles sold in the U.S. in 2040 will be powered by diesel fuel, down from 80 percent today, as growth in shorter-haul transportation increases demand for alternative powertrains for medium-duty and heavy-duty trucks, according to a study released today by IHS Markit, a consultancy.

Diesel or diesel-hybrid vehicles are expected to remain the dominant fuel type globally through 2040 due to increases in fuel economy which will play a major role in keeping diesel competitive versus, the study said. Range and load capacity requirements from long-haul, on-highway trucking will keep diesel relevant in the short- and long-term, while other propulsion types will grow in popularity as technology continues to advance, the study said.

Still, the report forecast a 15 percent compound annual growth rate (CAGR) for battery electric vehicles in the U.S. during the 22-year timeframe as adoption rates increase in the medium-duty truck segment. This growth will come from an increase in urban trucking services—likely caused by an expected increase in e-commerce transactions--and advancements in battery technology allowing for more adoption by class 4 and 5 trucks such as parcel vans that have lighter payloads.

The study also suggested that, in terms of total cost of truck ownership, battery electric vehicles will struggle against diesel and natural gas. Users of battery electric vehicles would have a difficult time justifying the cost of achieving the equivalent range of a diesel-powered truck because of the heavier battery pack weight that would be required, the study found. In addition, the weight requirements of the battery pack cause limitations on the hauling capacity of the truck.

Due to the initial cost disadvantage of alternative powertrains, larger truck fleets will be the first to adopt alternative powertrain technologies, the study forecast. Larger fleets will have the capacity to implement a diversified fleet in a more strategic manner, allowing for alternative propulsion options to be implemented in areas that maximize their fuel saving benefits and minimize the "range and payload penalty," according to the authors.

Trucking Truckload Less-than-Truckload Private Fleet Vehicle & Trailer Equipment & Services Green Logistics
  • Related Articles

    Truck, rail share of U.S. tonnage to fall over next 11 years, ATA says

    Heavy-duty truck orders drop in November to lowest level in three years, firm says

    3PLs taking larger share of U.S. transport, logistics spend, study finds

Recent Articles by DC Velocity Staff

Muratec launches four-tote carriage mini-load crane

Ideal Warehouse introduces new air filtration system

Rite-Hite rolls out new polymer safety barriers

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Wireless technology could help electric trucks charge more safely, efficiently

  • Thoma Bravo completes $8 billion buyout of Coupa Software

  • What’s shaping omnichannel fulfillment strategies?

  • Fast DCs require layers of automation

  • WMS feels the squeeze

Now Playing on DCV-TV

2f715622 41f7 4b52 a574 f3a223194538

What’s really going on in the freight markets?

DCV-TV 4: Viewer Contributed
There has been a lot of uncertainty about where the freight market is headed. We’re still seeing a mismatch of supply and demand in the freight market, along with conditions that call for scenario planning. Additionally, logistics and supply chain issues have continued to become a higher priority amongst...

FEATURED WHITE PAPERS

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing