Transportation News
Competitive Commercial Vehicle Financing Is Result From Mitsubishi HC Capital America Merger
By combining the best resources and assets of each integrated business, Mitsubishi HC Capital America is leveraging its role as a consultative partner to provide customized and flexible financing across the entire transportation industry including all segments from light-duty vehicles to over-the-road tractors and trailers.
May 15, 2023Sponsored ContentAir Bag Manufacturer Refusing NHTSA’s Request to Recall
ARC Manufacturing could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled.
May 15, 2023Transportation Safety Systems Unaffected by DOT Data Breach
The U.S. Transportation Department said it had been hit by a data breach involving its administrative systems.
May 15, 2023House Panel Presses Supply Chain Improvements
Capitol Agenda: The safety and efficiency of the country’s supply chains are being examined by the panel on highway policy in the U.S. House of Representatives.
May 15, 2023Regulators Announce Members of Truck Leasing Task Force
Federal regulators have appointed nine individuals to serve on a truck-leasing task force that is charged with evaluating lease agreements in the trucking industry.
May 15, 2023Study Urges Excise Tax Repeal for Electric Trucking Takeoff
Repeal of the federal excise tax on heavy-duty commercial vehicles should be a key tool in the push to reduce trucking’s greenhouse gas emissions through electrification, a study says.
May 12, 2023U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal
After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.
May 12, 2023Chicago Suburbs Appeal Federal Approval of CPKC Rail Merger
A group of suburban Chicago communities is appealing the federal approval of the Canadian Pacific-Kansas City Southern merger that is expected to bring more freight trains to the area.
May 12, 2023Commerce Department to Award Grants to Fund Tech Hubs
WASHINGTON — The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs.
May 12, 2023Consumer Long-Term Inflation Expectations Hit 12-Year High
U.S. long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting growing concerns about the economic outlook.
May 12, 2023