The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.
February 22, 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.
Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt
Illinois Bill to Copy California Emission Regs Draws Heat
A wave of opposition is mounting in Illinois to a bill that would have the state mirror California’s strict emissions laws that would eventually prohibit sales of diesel-powered trucks.
February 22, 2024Update: FMCSA Planning New Detention Time Study
Approximately 80 carriers and 2,500 drivers chosen for the #FMCSA study will collect and provide 12 months of data to help determine the frequency and severity of detention time drivers face when making deliveries.Â
February 22, 2024Federal Truck Leasing Task Force Seeking Help From Truckers
Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.
February 22, 2024Nikola Q4 Loss Dives 30.8% as R&D Costs Fall
Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.
February 22, 2024Trailer Orders Fall Amid Weak Order Season
U.S. trailer orders in January declined sequentially and from the prior year, according to ACT Research. The sequential fall-off was the first since November.
February 22, 2024Volvo Stays Positive on Class 8 Truck Sales Prospects in ’24
Volvo Trucks North America is forecasting a solid year for Class 8 sales, but expects activity soon for a pre-buy of new trucks ahead of federal emission rules taking effect in 2027.
February 22, 2024Rivian Plans to Cut 10% of Salaried Staff as EV Rush Stalls
Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.
February 22, 2024FMCSA Planning New Study on Detention Time
FMCSA is planning an in-depth research study that will analyze data collected by approximately 80 carriers and 2,500 drivers to help determine the frequency and severity of detention time.
February 22, 2024ZF Eyes US Commercial Vehicle Drivetrain Sales Expansion
Some of component manufacturer ZF’s latest product launches are set to service the growth in trucks using nontraditional fuels.
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