The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry’s top trade group.
March 2, 2021Search
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Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale
In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion.
March 2, 2021Railroads Told to Turn Over Evidence in Fuel Surcharge Suit
In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.
March 2, 2021Lawmakers Reintroduce Bill Promoting Women in Trucking
A group of lawmakers has reintroduced legislation that aims to support women entering the trucking industry.
March 2, 2021Progressives Propose Wealth Tax to Fund Infrastructure
Sen. Elizabeth Warren said her proposed wealth tax on households worth more than $50 million could help pay for investments in infrastructure, child care and health reforms as part of President Joe Biden’s plan to “Build Back Better” after the coronavirus pandemic that has disproportionately hit low-income families.
March 1, 2021US Economy, Trucking Poised for Strong 2021, Economists Predict
The U.S. economy and trucking are poised for a strong second half of the year and into 2022, now that a third COVID-19 vaccine has been approved.
March 1, 2021North Dakota Bill Proposes Amending Truck Restrictions for Road Train Pilot
Legislation that would temporarily amend truck length and weight restrictions is making its way through the North Dakota Legislative Assembly.
March 1, 2021Shipping Begins for Third Vaccine; J&J Looks for Partners
As shipping of the third coronavirus vaccine begins, Johnson & Johnson is looking for manufacturing partnerships to increase supply of its COVID-19 vaccine that was cleared Feb. 27 by U.S. regulators, Chief Executive Officer Alex Gorsky said.
March 1, 2021Workhorse to Meet With USPS Over Truck Contract
Representatives of electric-truck maker Workhorse Group Inc. are scheduled to meet with officials at the U.S. Postal Service March 3 as the company explores options for challenging the loss of a massive contract to build the next generation of postal trucks.
March 1, 2021Manufacturing Activity Jumps to Three-Year High in February
WASHINGTON — U.S. manufacturing expanded in February at the fastest pace in three years with the arrival of a surge in new orders.
March 1, 2021