ACT Research: Natural Gas, Alternative Fuel Industries ‘Alive & Kicking’

Contrary to other reports in the transportation world, ACT Research believes the natural gas and alternative fuel industries in the U.S. are very much alive and kicking.

The publisher of new and used commercial vehicle industry data, market analysis and forecasting services for North America continues to monitor the alternative transportation fuels market.

“The adoption of an alternative transportation fuel, including but not limited to natural gas is a three-step process. First, you’ll need to determine whether any alternative fuel is right for your firm’s operation. Then, you’ll need to decide which alternative is best and if it includes the availability of refueling infrastructure, engine technology, and emission regulations in the areas where your fleet is stationed and/or travels,” said Ken Vieth, ACT’s senior partner and general manager. “The third step is to determine how the maintenance will be handled and whether your facilities should be modified or constructed to be compliant with applicable fuel codes.”

Vieth continued, “Because we see that any of a number of alternative fuels may be right for a fleet’s operations, we’ve also decided to expand coverage to include these fuels in our revamped ‘Natural Gas & Alternative Fuels Quarterly,’ which lets readers learn about fuel prices, infrastructure, research and development, total cost of ownership for an alternative fuel fleet, potential emission regulation impacts, and many other aspects of this transition (or not) decision, but without requiring the reader to invest staff time to do the research and analysis.”

ACT is offering a free white paper, “Taking The Next Step: Preparing the Maintenance Shop for the Arrival of Natural Gas Trucks.”

Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.