SACRAMENTO, Calif. — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved Aug. 25 by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.
August 25, 2022Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Tesla Split Will Struggle to Feed $280 Billion Rally
After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.
August 25, 2022Louisiana Nabs $86.6 Million Loan for Highway Interchange
Louisiana has qualified for an $86.6 million loan from the U.S. Department of Transportation to fund an interchange at U.S. Highway 90 and Louisiana Highway 3073 as part of a future Interstate 49 South corridor project.
August 25, 2022Lawmakers Tout Legislative Wins Ahead of Fall Agenda
Heading out of summer recess, congressional Democrats and senior White House officials are spotlighting a batch of legislative achievements in the run-up toward midterm elections this fall.
August 25, 2022Average Used Class 8 Price Weakens Again in July
The average U.S. retail price of a used Class 8 vehicle in July inched past $90,000 to tower over the year-ago price, but it also dipped slightly from the month before to extend the market’s ongoing softening, ACT Research reported.
August 25, 2022Stakeholders See Opportunity in IRA Clean Truck Measures
Trucking stakeholders see early potential for the industry in clean-air provisions included in the Inflation Reduction Act — mostly as it relates to boosting adoption of zero-emission trucks — but success hinges on how those aspects of the law are ultimately implemented.
August 25, 2022Pennsylvania Explores Tolling Alternatives to Fund Bridge Fixes
With the proposal to toll nine major interstate bridges to pay for their replacement or rehabilitation now dead, a panel of Pennsylvania state senators set out to explore what happens next to address these costly but necessary transportation projects.
August 25, 2022Truckload Sector’s Q2 Slowdown Not Nearly as Bad as Feared
The truckload sector reported a strong second quarter, but there were signs that nearly two years of robust freight activity may be starting to slow.
August 25, 2022Many Ports Report Record Volume Numbers in July
Record-setting container volumes continued flowing through some of the nation’s major ports in July, while industry challenges compelled declines at other facilities.
August 25, 2022Biden Signs Order to Fast-Track CHIPS Law Implementation
President Joe Biden signed an executive order Aug. 25 to fast-track implementation of a law aimed at boosting domestic semiconductor manufacturing and helping the U.S. compete with China’s dominance in the industry.
August 25, 2022Trending
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