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Kansas to Overhaul 33 Local, Off-System Bridges

Kansas officials announced $40.5 million in funding to overhaul 33 local and off-system bridge projects across the state.

December 29, 2022

Treasury Signals Opening for Foreign Carmakers on EV Subsidy

The U.S. Treasury Department signaled some imported cars will qualify for electric vehicle tax credits in the Inflation Reduction Act, a move that could assuage Asian and European allies’ concerns about the sweeping climate legislation.

December 29, 2022

Florida’s Blue Innovations Group Betting on Electric Boats

As Tesla helped usher in electric cars, a Tampa Bay, Fla., company seeks to do the same for boating. Blue Innovations Group, founded by former Tesla global head of manufacturing Chuan “John” Vo, is working out of Pinellas Park on a 30-foot-long boat powered by only electricity.

December 29, 2022

Texas Schools Awarded Grants for Trucking Vocations

Educational grants for careers as truck drivers and diesel mechanics are among $54 million in awards by the Texas Workforce Commission to schools to buy equipment and expand job options for students.

December 29, 2022

Ascend Adds Georgia Terminal

Ascend — a dry van, full truckload carrier that offers middle-mile supply chain solutions — announced it acquired a new terminal in McDonough, Ga.

December 29, 2022

New Pocket Guide Includes Key Transportation Metrics

A 72-page “Pocket Guide to Transportation 2023” from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.

December 28, 2022

DOT Gets Funding Increase in $1.7 Trillion Federal Budget

The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.

December 28, 2022

Toyota Hits Record November Output, but Shortages Loom

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.

December 28, 2022

Clean Energy Fuels Secures $150 Million Loan

Clean Energy Fuels Corp. announced that it entered into a four-year $150 million sustainability-linked senior secured term loan with Riverstone Credit Partners.

December 28, 2022

Shipping Insurers Back Off of Russia-Ukraine Trade

A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.

December 28, 2022