Rivian Automotive Inc. is shuffling its executive ranks in an effort to help the Amazon.com Inc.-backed company overcome growing pains.
May 27, 2022Search
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Key Inflation Gauge Slowed to 6.3% Over Past Year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020.
May 27, 2022Senate Confirms Steven Cliff to Lead NHTSA
DETROIT — The Senate on May 26 confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration.
May 27, 2022Ford Delivers First Electric F-150
Nicholas Schmidt of Standish, Mich., became owner No. 1 of Ford Motor Co.’s first electric pickup, the F-150 Lightning.
May 27, 2022White House Eyes Restarting Idle Refineries
The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record-high gasoline prices that are setting off political alarm bells ahead of the midterm elections.
May 26, 2022More Memorial Day Travel Expected, Despite High Gas Prices
To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.
May 26, 2022Congressional Leaders Eye June for Fiscal 2023 Appropriations Bills
Congressional funding leaders are aiming to kick off consideration of the 2023 transportation appropriations bill as early as June.
May 26, 2022April Used Class 8 Prices High, But on the Way Down
The average used Class 8 retail sales price in April soared compared with a year earlier, as expected. But a closer vantage point showed it fell month-over-month for just the second time since July 2020, ACT Research reported.
May 26, 2022Spiking Gas and Food Costs Weigh on Biden Biofuel Plans
Surging gasoline and food costs are weighing on the Biden administration as it prepares to set mandates for the use of renewable fuels.
May 26, 2022Senate Committee Advances Fuel Markets Bill
Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel.
May 26, 2022