President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla.Â
November 18, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Gas Prices Below $3 a Gallon in Time for Thanksgiving
U.S. average gasoline prices are set to fall below $3 a gallon, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels.
November 18, 2024Trump Team Is Seeking to Ease Rules for Self-Driving Cars
Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.
November 18, 2024Biden to Stand Fast on LNG-Permit Halt, Energy Chief Signals
The Biden administration won’t decide on any natural gas-export permits before the presidential term ends in late January, Energy Secretary Jennifer Granholm signaled.
November 15, 2024GXO Plans 400 More Layoffs This Year
GREENWICH, Conn. — GXO Logistics this year has laid off more than 500 employees in the U.S., while it plans to cut nearly 400 more positions across two sites, according to public records.
November 15, 2024Cruise Admits to Falsifying Report Over 2023 Crash
Autonomous vehicle maker Cruise has admitted to a federal charge and agreed to pay a $500,000 fine in connection with a crash last year involving one of its vehicles that left a person injured.
November 15, 2024Biden Races to Get Out Infrastructure Spending
Biden administration officials hope that projects funded under the $1 trillion infrastructure law and $375 billion climate law will endure beyond the president's term.
November 15, 2024Workers at Canada’s National Postal Service Go on Strike
TORONTO — Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post.
November 15, 2024Tesla, Rivian Drop on Report Trump Wants to End EV Credit
U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.
November 14, 2024CARB Rules Seen as Hindrance to Obtaining New Diesel Vehicles
Zero-emission vehicle sales in California over the past two years have been better than anticipated, but the transition to EVs has left some dealers challenged to obtain new diesel trucks.
November 14, 2024