WASHINGTON — A top Senate Democrat is urging U.S. anti-pollution standards that would follow a deal brokered by California with five automakers and then set targets to end sales of new gasoline-powered vehicles by 2035, a goal that reaches further than President Joe Biden’s climate plan.
April 30, 2021Trucking 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.
Self-Driving Truck Startup Plus Reported to Plan Hennessy SPAC Deal
Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, according to people familiar with the matter, making it the latest autonomous vehicle maker seeking to go public via a blank-check firm.
April 30, 2021Exxon Posts $2.7 Billion Quarterly Profit After Unprecedented Year
NEW YORK — ExxonMobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
April 30, 2021Amazon Q1 Sales Beat Estimates
Amazon .com Inc. reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to prepandemic shopping habits in the U.S.
April 29, 2021Dana Posts Q1 Gains as End Markets Recover
Dana Inc. reported higher first-quarter net income and revenue and noted its once-shutdown end markets have recovered.
April 29, 2021Allison Reports Lower Net Income, Revenue in Q1
Allison Transmission Holdings Inc. reported lower net income and revenue for the first quarter amid progress in addressing the COVID-19 pandemic.
April 29, 2021PennDOT Launches Public Survey on Automated Vehicles
The Pennsylvania Department of Transportation announced April 28 the launch of a survey meant to offer an idea of constituents’ perceptions and knowledge of automated vehicles.
April 29, 2021SAF-Holland Launches New Trailer Air Suspensions
SAF-Holland Group announced its new CBXA AeroBeam Series of fixed frame suspensions, calling them the lightest weight top mount trailer air suspensions in the industry.
April 29, 2021Connecticut Republicans Attack Governor’s Truck-Tax Plan
HARTFORD, Conn. — Republican state lawmakers, along with trucking and food-distribution executives, on April 28 declared war on Gov. Ned Lamont’s proposed regional climate initiative and user tax for heavy trucks on state highways.
April 29, 2021Trending
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