AAA Daily Fuel Gauge Report for Friday, 3/29/24

A major byproduct in the papermaking industry is lignosulfonate, a sulfonated carbon waste material, which is typically combusted on site, releasing CO2 into the atmosphere after sulfur has been captured for reuse. Now researchers at Rensselaer Polytechnic Institute have developed a method to use this cheap and abundant paper biomass to build a rechargeable lithium-sulfur battery. Such a battery could be used to power big data centers as well as provide a cheaper energy-storage option for microgrids and the traditional electric grid. Click Read More below for additional information.

FreightWaves CEO Craig Fuller calls the truck driver shortage a “myth” in a recent piece of self-promotion, but his assertion collapses under the weight of facts and data. Fuller claims the mythical shortage is an ATA fabrication—a narrative perpetuated for our convenience. Of course, we’re not alone in reporting this issue. Driver shortages are global in scope, with growing vacancies felt across the Americas, Asia, and Europe, and documented in IRU’s 2022 Global Driver Shortage Report: In Europe, driver shortages jumped by 42% from 2020 to 2021, with vacant driver positions reaching 71,000 in Romania, 80,000 in both Poland and Germany, and 100,000 in the UK. In Mexico, shortages rose by 30% to reach 54,000, while in China, they increased by 140%, reaching 1.8 million.

American Dollar to Canadian Dollar = 0.798114; American Dollar to Chinese Yuan = 0.157180; American Dollar to Euro = 1.100994; American Dollar to Japanese Yen = 0.008218; American Dollar to Mexican Peso = 0.049938.