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Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo AB in 2018, according to people familiar with the matter.

With help from the U.S. Department of Energy, the hydrogen industry and truck makers are working to develop a hydrogen refueling infrastructure that can support fleet operations.

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

Newsom’s office told the Associated Press that the governor and lawmakers are ready to “Trump-proof” California’s state laws, including those affecting the transportation sector.

Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September.

Two terminals operated by Termont Montreal that account for about 40% of the port’s container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job

Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.

The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.

The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.