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Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks.

The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.

The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.

Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.

Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.

The Biden administration is laying out more of its vision for decarbonizing the freight industry, including plans for standardizing charging infrastructure for electric trucks.

Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda.