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Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp.

Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture.Ìý

The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.

The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.

The labor conflict against Tesla in Sweden is spreading to neighboring Denmark where the country’s largest trade union said Dec. 5 they will take action in solidarity with Swedish workers.

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.

The integration of onboard technology is increasingly seen as pivotal to fleet safety. However, driver acceptance is contingent on clear communication about privacy and transparency.

The use of cameras on heavy-duty #trucks has gone mainstream as more and more fleets have adopted forward- and inward-facing cameras to coach drivers and reduce liability. Now the latest smart camera #technology is taking things a step further, helping carriers capture more angles, gain new insights and derive more operational value from video.Ìý

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The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.