California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.
November 25, 2024Search
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OPEC+ Shifts to Virtual Meeting as Oil Futures Slide
It’s the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.
November 25, 2024Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal
Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded to eliminate choice and raise truck prices.
November 25, 2024Tariff Concerns Propel Chinese Exports to Record Heights
China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.
November 25, 2024N.J. Gov: ‘Money Coming Back Our Way’ Key to NYC Toll Deal
New Jersey Gov. Phil Murphy said that while he’s committed to trying to block New York City’s congestion pricing plan, he’s open to negotiating a deal that would allocate a portion of the revenue to his state.
November 22, 2024UPS Settles With SEC Over Freight Business Valuation
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.
November 22, 2024With I-40 Closed, Truckers Find Mountain Roads Tricky
The closure of Interstate 40 through the Pigeon River Gorge after Hurricane Helene has created challenges for some tractor-trailer drivers going between North Carolina and Tennessee.
November 22, 2024Automakers Urge Trump to Ease Fuel Efficiency Rules
An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from “unfair†practices by China.
November 21, 2024Phillips 66 Indicted for Alleged Toxic Sewer Discharges
The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.
November 21, 2024White House Seeks $8 Billion in Transportation Aid
WASHINGTON — President Joe Biden and senior administration officials called on Congress to approve emergency aid before the end of the year to rebuild transportation corridors.
November 21, 2024