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Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor

Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.

January 10, 2024

Dual Biden Laws Give EPA Expanded Powers, Official Says

WASHINGTON — Two Biden administration-backed laws are enabling the U.S. Environmental Protection Agency to expand its Clean Air Act authorities to transform the trucking industry.

January 10, 2024

Hydrogen Energy Back in the Vehicle Conversation at CES

While EVs are gaining most of the attention for carbon-neutral technology at CES 2024, hydrogen energy has snuck its way back into the conversation thanks to two automotive giants.

January 10, 2024

Truck Parking Front and Center at TRB

WASHINGTON — Transportation officials meeting at the Transportation Research Board Annual Meeting heard several proposals to solve the truck parking shortage.

January 9, 2024

Hyundai Plans for Hydrogen Trucks to Supply Georgia Factory

LAS VEGAS — Officials from Hyundai and the state of Georgia touted plans on Jan. 8 for hydrogen-powered trucks to supply the automaker’s EV factory under construction near the Port of Savannah.

January 9, 2024

Landrieu Moves From Infrastructure to Biden Campaign

Mitch Landrieu, the White House face of the bipartisan infrastructure law, has resigned from his appointed post, to serve on President Joe Biden’s re-election campaign.

January 9, 2024

New Rule Will Reclassify Independent Contractors as Employees

A new Department of Labor rule adopts an “economic factors” test for companies to follow to determine whether a worker should be classified as an independent contractor or an employee.

January 9, 2024

Kodiak Unveils Driverless-Ready Semi Ahead of Dallas Debut

Kodiak Robotics introduced what it billed as the world’s first driverless-ready semi-truck designed for scaled deployment at CES in Las Vegas this week.

January 9, 2024

Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand

Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.

January 9, 2024

US Trucking Faces Downstream Effects From Suez Canal Attacks

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

January 9, 2024