The OPEC oil cartel and its allies decided Aug. 3 to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine.
August 3, 2022Search
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Automakers Blitz Congress to Fix an EV Tax Credit They Can’t Use
Automakers including Ford Motor Co., General Motors Co. and Toyota Motor Corp. are making a last-ditch lobbying push to change Democrats’ proposed new spending bill over concern that they stand to lose out from strict new limits on electric vehicle credits.
August 3, 2022Pelosi’s Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans
A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.
August 2, 2022Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
August 2, 2022Appeals Court Denies Review of HOS Shorthaul, Driver Break Requirements
A challenge to certain federal hours-of-service regulations filed by the Teamsters Union and three nonprofits will not be reviewed by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit.
August 1, 2022The Future of Freight Transportation in Ports, Policy, and Pilot Programs
With the U.S. experiencing a 40-year high on both inflation and fuel prices, the freight transportation industry has much to contend with in addition to persistent supply chain challenges. How much of an impact will state policies like AB 5 have on the industry? Register now to hear ATA President Chris Spear address these concerns and more on Aug. 11.
August 1, 2022US Senate Proposes Fiscal 2023 FMCSA Funds
Senate funding leaders are proposing $873.6 million for federal trucking programs as part of a fiscal 2023 transportation bill.
August 1, 2022Manufacturing Expands at Slowest Pace in Two Years
U.S. manufacturing activity continued to cool in July as more factories dialed back production in the face of shrinking orders and rising inventories.
August 1, 2022Buttigieg Praises West’s Green Energy Potential
Motorists taking advantage of electric vehicle tax breaks contained in a $739 billion Senate bill introduced this week will be well-served by existing and planned infrastructure in the West, Transportation Secretary Pete Buttigieg said in Coeur d’Alene, Idaho, on July 29.
July 29, 2022CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS
Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.
July 29, 2022