Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.
January 7, 2025Search
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Honda to Begin US EV Production With Ohio-Built 0 Series
The Japanese carmaker displayed the near-production models of its 0 Series sedan and mid-size SUV at the Consumer Electronics Show in Las Vegas on Jan. 7.
January 7, 2025Ford Recalls 295,000 Diesel Trucks Over Fuel Pump Issue
Several makes and models of Ford trucks have been recalled over possibly a defective fuel pump that can cause a loss of power and increase the risk of a crash.
January 7, 2025California Gets $122 Million to Build EV Infrastructure
The U.S. Department of Transportation awarded California $122.9 million to build zero-emission vehicle charging and fueling infrastructure for electric vehicles, including heavy trucks.
January 7, 2025Winter Weather Prompts States to Waive Fuel Delivery Regs
A swath of icy weather and snow that hit multiple states beginning Jan. 4 resulted in emergency hours-of-service waivers for truckers delivering heating fuel in several states.
January 7, 2025Biden Bans Offshore Drilling as Trump Vows to Undo It
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, 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, 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, 2025Tesla Cybertruck Joins List of EVs Eligible for US Subsidy
The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.
January 2, 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, 2025