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.”
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