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GovernmentBusinessTechnologyLogistics

California Sues Amazon, Alleging Antitrust Law Violations

NEW YORK — California is suing Amazon, accusing the company of violating the state’s antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.

September 14, 2022
GovernmentBusinessTechnologyFuel

Nikola Whistleblower Made $600,000 Off Short Sale, Jury Told

A former Nikola Corp. contractor whose allegations of fraud at the electric truck company helped spur a criminal investigation told a federal jury he made $600,000 off a short seller’s report on Nikola.

September 14, 2022
GovernmentBusinessTechnologyFuel

Biden Touts EVs at Detroit Auto Show

DETROIT — President Joe Biden, a gearhead with his own vintage Corvette, is showcasing his administration’s efforts to promote electric vehicles during a visit Sept. 14 to the Detroit auto show.

September 14, 2022
GovernmentFuel

Biden Issues Offshore Drilling Rights Under Climate Mandate

The Biden administration on Sept. 14 issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.

September 14, 2022
BusinessEquipment

Paccar Increases Regular Dividend

Paccar Inc. announced an increase of 9% in its regular quarterly cash dividend to 37 cents from 34 cents per share.

September 14, 2022
BusinessTechnologyEquipmentBreaking News

Class 8 Sales in August Climb to Year’s Best

Class 8 U.S. retail sales in August reached their high point for the year, clearing 23,000 for a 29.7% increase compared with a year earlier, Wards Intelligence reported.

September 14, 2022
GovernmentBusinessLogistics

US Producer Prices Fall for a Second Month as Fuel Costs Retreat

A measure of U.S. producer prices fell for a second month in August as fuel costs continued to retreat, though an underlying measure of wholesale costs solidified a sign of persistent inflation in the production pipeline.

September 14, 2022
GovernmentBusinessTechnologyEquipmentSafety

Pulsing Brake Light Maker Wants FMCSA Decision

The owner of brake-lamp technology with a pulsating bulb feature intended to help reduce rear-end collisions with trucks and trailers has asked a federal appellate court to compel the Federal Motor Carrier Safety Administration to act on a long-pending exemption request to permit the company to deploy the system.

September 14, 2022
GovernmentBusinessLogistics

Potential US Rail Strike Risks Stoking Inflation

The looming U.S. rail strike threatens to push inflation even higher across the country after prices jumped more than expected last month.

September 14, 2022
GovernmentSafetyLogistics

Work Progresses on Two Projects at Maine-Canada Border

Construction continues moving forward to replace a new bridge and revamped port of entry connecting Maine and Canada to save trucks from a long detour due to load restrictions on an aging 100-year-old bridge.

September 13, 2022

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