WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block action by the incoming administration to expand offshore drilling.
January 6, 2025Search
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Health Care Business Becomes $20 Billion Lifeline for UPS
UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.
January 6, 2025PrePass Safety Alliance Names Dietz Executive Vice President
PrePass Safety Alliance named Erik Dietz executive vice president Jan. 2, tasking the transportation industry veteran with advancing safety and efficiency in commercial vehicle operations.
January 3, 2025Stellantis, VW Shares Fall After US Tax Credit Cuts
Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to U.S. tax credits under tougher rules that took effect this week.
January 3, 2025Bendix Sells Steering, Pump Specialist R.H. Sheppard
A private equity firm bought steering and engine pump manufacturer R.H. Sheppard from Bendix Commercial Vehicle Systems for an undisclosed sum, the brake and active safety software specialist said.
January 3, 2025Biden Eases Rules for Hydrogen Tax Credits
The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.
January 3, 2025In 2025, Will Trump Administration Be a Friend of Trucking?
In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.
January 2, 2025USDOT Officials, NTSB to Headline TRB Annual Meeting
The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.
January 2, 2025China Tightens Export Curbs on Battery Tech and Metals
China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.
January 2, 2025Tesla Sales Decline for First Time in More Than a Decade
The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.
January 2, 2025