Nikola Corp. plans to raise $100 million from a secondary stock offering to the public at $1.12 per share, the company announced March 30.
March 31, 2023Trucking 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.
Iowa Gov. Kim Reynolds Signs Law Expanding CDL Testing
Iowa is making it easier for people to enter trucking careers with a new law expanding third-party testers for commercial driver licenses.
March 31, 2023EPA OKs California Rules Phasing Out New Diesel Trucks
The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.
March 31, 2023Justice Department Sues Norfolk Southern Over Derailment
The federal government filed a lawsuit against railroad Norfolk Southern over environmental damage caused by a train derailment that spilled hazardous chemicals into creeks and rivers.
March 31, 2023Many Electric Vehicles to Lose Big Tax Credit With New Rules
WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.
March 31, 2023Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.
March 30, 2023February Used Class 8 Sales Down 20% Year-Over-Year
Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.
March 30, 2023How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink
COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.
March 30, 2023Congressional Policymakers Introduce Truck Parking Bill
Legislation designed to expand access to parking for truck drivers around the country was recently introduced on Capitol Hill.
March 30, 2023House GOP OKs Broad Bill to ‘Unleash’ American Energy
WASHINGTON — House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change.
March 30, 2023Trending
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