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GovernmentBusinessFuel

Tesla, Rivian Drop on Report Trump Wants to End EV Credit

U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.

November 14, 2024
BusinessLogisticsFor-HireTop 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
BusinessTechnologyEquipmentFuel

Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move

Truck maker Nikola recently reduced staffing levels as it seeks to control costs.

November 14, 2024
BusinessTechnology

Samsara-Motive Trade Secrets Litigation Enters New Phase

The ongoing legal battle between rival trucking technology vendors Samsara and Motive has entered a new phase as the former has filed additional litigation.

November 14, 2024
BusinessLogistics

Port of Long Beach Smashes All-Time Record in October Surge

The Port of Long Beach moved nearly 1 million containers in October, beating a record set just two months ago.

November 14, 2024
GovernmentBusinessTechnologyEquipmentFuel

CARB Rules Seen as Hindrance to Obtaining New Diesel Vehicles

Zero-emission vehicle sales in California over the past two years have been better than anticipated, but the transition to EVs has left some dealers challenged to obtain new diesel trucks.

November 14, 2024
GovernmentBusiness

NYC Congestion Pricing Plan With $9 Toll to Start in January

It will cost $9 for motorists driving into parts of Manhattan starting in January under a revised tolling plan that New York Gov. Kathy Hochul is seeking before Donald Trump takes office.

November 14, 2024
BusinessLogisticsFor-HirePrivate

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

November 14, 2024
Government

Thune, Key Transportation Senators Fill GOP Leadership Roles

Following the caucus’ announcement, Sen. John Thune explained the Republican team in the Senate would pursue Trump’s policies as well as assist with the confirmation of his top-level nominees.

November 14, 2024
GovernmentBusinessTechnologyEquipmentFuel

Five States Seek CARB Delays When Regs Take Effect in 2025

Truckers and legislators in half of the 10 states that automatically adopted California’s Advanced Clean Trucks regulation are trying to put the brakes on before the 2025 rules take effect.

November 14, 2024

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