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Former Roadrunner CFO Ordered to Pay $1.1 Million in Restitution

A federal judge ordered Peter Armbruster, former chief financial officer of Roadrunner Transportation Systems Inc., to pay $1.1 million in restitution in connection with a sophisticated account fraud scheme.

June 29, 2022

Biden Administration Holding Its First Onshore Oil Sales

BILLINGS, Mont. — The U.S. government this week is holding its first onshore oil and gas drilling lease auctions since President Joe Biden took office after a federal court blocked the administration’s attempt to suspend such sales because of climate change worries.

June 29, 2022

US Gasoline Market Dips in Peak Season as High Prices Slow Demand

Gasoline demand in the U.S. shows signs of further softening just three weeks into the peak driving season, with near-record prices likely encouraging people to stay closer to home.

June 29, 2022

Age of Electric Box Trucks Within Reach, NACFE Reports

The entire U.S. and Canadian market of hundreds of thousands of simple medium-duty box trucks will come to embrace electrification, leading the way for other more complex medium-duty applications over the next decade as the industry pursues zero emissions, according to the North American Council for Freight Efficiency.

June 29, 2022

Hyzon Motors Appoints Shawn Yadon President of Commercial Operations

Hyzon Motors Inc. has selected Shawn Yadon to be president of commercial operations, the fuel cell electric mobility company announced June 29.

June 29, 2022

NHTSA’s Steven Cliff Says Agency to Scrutinize Auto-Driver Technology

WASHINGTON — The new head of the government’s road safety agency says it will intensify efforts to understand the risks posed by automated vehicle technology, so it can decide what regulations may be necessary to protect drivers, passengers and pedestrians.

June 29, 2022

New Fuel Taxes Kick in July 1 in Number of States

Higher gas taxes will sweep across pumps in several states on July 1 to drive fuel prices even higher.

June 29, 2022

Export Controls ‘Matter More Than Ever,’ Commerce Chief Raimondo Says

U.S. restrictions on exports “are at the red-hot center of how we best protect our democracies†because they cut off supply of crucial technologies to countries that threaten American national security, Commerce Secretary Gina Raimondo said.

June 29, 2022

Economy Slipped 1.6% to Start Year

WASHINGTON — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported June 29 in a slight downgrade from its previous estimate for the January-March quarter.

June 29, 2022

Supreme Court Declines to Hear C.H. Robinson Appeal

The U.S. Supreme Court has declined to review a federal appellate court decision involving a personal injury suit alleging that freight broker C.H. Robinson Worldwide Inc. was negligent in connection with a serious injury from an accident in 2016 involving a carrier it hired.

June 28, 2022