The incoming Trump administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he has blasted as an āEV mandate."
November 19, 2024Trucking 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.
Trump Targets Auto Mileage Rules He Blasted as āEV Mandate'
ATA Truck Tonnage Rises 1.2% Sequentially in October
The freight market showed renewed signs of recovery in October after stumbling in September, American Trucking Associations reported.
November 19, 2024Florida Man Facing Federal Prison Time for Biofuel Fraud
A Florida man is facing up to five years in federal prison after pleading guilty to wire fraud and filing false claims after overstating biodiesel credits that were reported to the IRS and EPA.
November 19, 2024CATL in Early Talks on EV Battery Recycling in Europe
CATL is in talks to establish battery recycling operations in Europe, adding to its footprint in the region as the company prepares to start cell production in Hungary.
November 19, 2024Autonomous Helicopters Focus on Agriculture
Rotor Technologies has built two autonomous Sprayhawk helicopters and aims to have as many as 20 ready for market next year.Ā For now, Rotor is focused on the agriculture sector.
November 19, 2024Voltera Raises $50 Million to Boost Expansion Plans
Voltera also raised $100 million in debt financing in August. The funds will also be used for building out the companyās planned network of charging sites.
November 19, 2024Oil Glut Set to Thwart Trumpās Call to āFrack, Frack, Frackā
President-elect Donald Trumpās vows to āfrack, frack, frackā are about to collide with a global crude glut thatās set to, finally, temper record shale production.
November 19, 2024Low Prices Boost Walmart in Q3
NEW YORK ā Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.
November 19, 2024Trump Chooses Former Congressman Sean Duffy for DOT Chief
Under Trump, DOT will take a lead role in reshaping federal infrastructure investment to align with the priorities of the incoming president and Republican congressional leaders.
November 18, 2024Four New Technologies Added for 2026 Crash Safety Ratings
The five-star crash test ratings, which most vehicles now receive, would not change under the new system. Consumers would see green check marks for vehicles with the new safety features.
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