President Joe Biden’s nominee to lead the federal agency on trucking affairs was easily approved by a U.S. Senate panel on June 22.
June 22, 2022Search
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Nikola Asks Shareholders to Approve Big Jump in Outstanding Shares
Truck maker Nikola Corp. is hoping to gain shareholder approval at its annual meeting for the company’s proposal to increase the number of shares outstanding and thus raise more money by selling equity.
June 22, 2022FedEx, FourKites Announce Partnership to Improve Supply Chain
FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information.
June 22, 2022‘Mongoose Method’ Helps Carriers Fight ‘Reptile Theory’ Attorney Tactics
The "mongoose method" aims to counter the "reptile theory" strategy that plaintiff attorneys have used to beat up on truckers in accident litigation.
June 22, 2022Electric Trucks Get Boost From Multi-Megawatt Charging Stations
Broad adoption of heavy-duty electric trucks is looking closer than ever with manufacturers releasing new big rigs and the announcement that multi-megawatt charging is coming in 2024.
June 22, 2022Sen. Joe Manchin Says EV Tax Credit Bonus Is Gone From Spending Bill
Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor that was opposed by Sen. Joe Manchin as they seek to wrap up negotiations on a spending deal.
June 22, 2022Ford Pledges to Work With Community Near Future EV Factory
BROWNSVILLE, Tenn. — Ford Motor Co. officials on June 21 pledged to be good neighbors to those in rural west Tennessee who live near the automaker’s planned electric truck factory, a project expected to create thousands of jobs and change the face of the region.
June 22, 2022Biden Calls for Three-Month Suspension of Gas, Diesel Taxes
WASHINGTON — President Joe Biden on June 22 called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.
June 22, 2022Wyoming Governor’s New Group to Target Fuel Prices
Wyoming Gov. Mark Gordon has launched an initiative to address rising fuel prices that local leaders say are affecting state residents.
June 22, 2022Gas Tax Pause Would Have Little Effect on Road Funds, Biden Says
President Joe Biden and a top economic aide preemptively defended a potential suspension of the federal gasoline tax, saying it wouldn’t hurt road-building projects and that savings would be passed on to consumers — the latest signal Biden is leaning toward urging Congress to pause the levy.
June 21, 2022