The Biden administration is set to award Volvo Group, Accelera by Cummins and ZF North America a combined $441 million in grants to upgrade manufacturing facilities.
July 11, 2024Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Vitol, SK Settle California Fuel Rigging Probe for $50M
California Attorney General Rob Bonta said the state reached a settlement with Vitol and SK Energy Americas after it alleged the firms acted together to manipulate local gasoline markets.
July 10, 2024Senate Republicans Push Back on Overtime Rule
Efforts to chip away at acting Secretary Julie Su’s agenda at the Department of Labor remain a priority for congressional Republicans.
July 10, 2024Construction Begins on Truck Battery Cell Manufacturing Plant
Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.
July 10, 2024Secretary Pete Buttigieg Promotes Truck Parking
WASHINGTON — Following a hearing with House lawmakers, Secretary Pete Buttigieg said enhancing parking availability for commercial vehicles remains central to his department’s agenda.
July 10, 2024OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits
Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.
July 10, 2024Kroger, Albertsons Unveil Stores to Be Divested Before Trial
Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.
July 9, 2024Hexagon Agility and Brudeli Green Mobility to Deliver NZEVs
LAS VEGAS — Hexagon Agility and Brudeli announced a collaboration and unveiled the Brudeli Powerhybrid, the first near-zero-emission vehicle that complies with California’s ACT and ACF rules.
July 12, 2024Entek Poised to Get $1.2 Billion US Loan
The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.
July 9, 2024Diesel Price Rises 5.2¢ to $3.865
The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.
July 8, 2024