Westport Executive Talks About A New Dynamic in Natural Gas Trucking

At the 2014 Alternative Clean Transportation Expo, Fool contributor Jason Hall sat down with Mark Aubry, Westport Innovations' (NASDAQ: WPRT  ) vice president of sales and marketing, to talk about how adoption of natural-gas vehicles is ramping up in the heavy trucking sector. 

Aubry talks about how the dynamic has changed, and how truckers, shippers, truck suppliers, and fuel providers are working to establish a complete solution to infrastructure, equipment, and support. Kroger  (NYSE: KR  ) recently announced that it will introduce 40 liquefied natural gas trucks in Oregon and Washington, part of its first steps toward lowering the supermarket chain's fuel costs, while also reducing its environmental footprint.

Clean Energy Fuels  (NASDAQ: CLNE  ) will provide fuel to Kroger, update Kroger's service facilities, and maintain the new fleet of natural-gas trucks. As Aubry says:

We've had [Clean Energy Fuels] come to the table and meet with us and with Kroger. We've had the OEM and the dealer come to the same table with the fuel partners. ... All of these pieces [are] coming to the table, saying collectively, "How can we make this happen for you?"

It looks as if now is a great time to invest in these natural-gas vehicle players. See more in the following video.

 

OPEC is absolutely terrified of this game changer
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!

 


Read/Post Comments (1) | Recommend This Article (9)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

DocumentId: 2950433, ~/Articles/ArticleHandler.aspx, 8/1/2014 8:37:58 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement