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GovernmentBusinessLogisticsTCA

Port of Houston Gets $3M EPA Grant for Climate Planning

The Port of Houston Authority received a $3 million grant through the EPA’s Clean Ports program as part of President Joe Biden and Vice President Kamala Harris’ Investing in America agenda.

November 8, 2024
BusinessTechnology

Tesla Cybertruck Leases Start at $999 a Month

Tesla Inc. is now offering the option to lease its polarizing Cybertruck, with prices starting at $999 a month.

November 8, 2024
BusinessTechnologyEquipment

Geely Seeks 2 Billion-Euro Loan to Refinance Volvo Truck Deal

Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo AB in 2018, according to people familiar with the matter.

November 8, 2024
GovernmentBusinessTechnologyFuel

Public-Private Partnerships Propel Hydrogen Infrastructure

With help from the U.S. Department of Energy, the hydrogen industry and truck makers are working to develop a hydrogen refueling infrastructure that can support fleet operations.

November 8, 2024
BusinessTechnologyFuel

Rivian Sticks to Q4 Profit Goal Despite Production Setback

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

November 7, 2024
BusinessTechnologyEquipmentFuelLogisticsFor-HirePrivateGlobal Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

November 7, 2024
GovernmentBusinessTechnologyEquipmentFuel

Newsom Calls Lawmakers to Secure Climate Goals Against Trump

Newsom’s office told the Associated Press that the governor and lawmakers are ready to “Trump-proof” California’s state laws, including those affecting the transportation sector.

November 7, 2024
GovernmentBusiness

Fed Cuts Rates Again to Support Economic Growth

Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September.

November 7, 2024
GovernmentBusinessLogistics

Montreal Port Seeks Trudeau’s Help to End Dockworker Strike

Two terminals operated by Termont Montreal that account for about 40% of the port’s container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job

November 7, 2024
GovernmentBusinessTechnology

EV Growth Expected to Slow Further Under Trump

Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.

November 7, 2024