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Updated: 1 hour 26 min ago

Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk

Fri, 06/07/2024 - 16:08
NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.

Shale Drilling Slides to Lowest Level of Activity Since 2022

Fri, 06/07/2024 - 15:38
Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

Walmart Expects E-Commerce Profits Within Two Years

Fri, 06/07/2024 - 15:25
Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.

Real-World Mileage Standard for New Vehicles Rising

Fri, 06/07/2024 - 15:02
WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.

Virginia Won’t Enforce New California Emissions Rules

Fri, 06/07/2024 - 13:27
Virginia is giving the boot next year to California’s electric vehicle mandates and will no longer be legally obligated to follow its emissions regulations.

Kentucky Gov. Beshear Pushes Back on Trump-Led EV Attacks

Fri, 06/07/2024 - 10:45
FRANKFORT, Ky. — EVs have built up enough momentum from job growth and investments to steer past any roadblocks from Donald Trump and other critics, Kentucky Gov. Andy Beshear said.

Long-Range EVs Now Cost Less Than the Average New Car in US

Fri, 06/07/2024 - 09:08
The automotive industry has produced the first long-range EVs that are cheaper to buy than the average gas-powered car.

Stellantis Loses Another Executive Amid Slow Sales

Fri, 06/07/2024 - 08:41
Jim Morrison, former U.S. head of the Jeep and Ram brands, has left Stellantis, adding to a string of executive departures as the automaker grapples with sluggish sales.

Employers Added a Robust 272,000 Jobs in May

Fri, 06/07/2024 - 08:08
WASHINGTON — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring.

NFI Buys Transfix’s Freight Brokerage Operation

Thu, 06/06/2024 - 13:36
NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.

ABF Freight Seeks to Boost Safety With Trailer Sensors

Thu, 06/06/2024 - 13:10
ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.

House Passes FY25 Funding Bill for Veterans, Military

Thu, 06/06/2024 - 12:44
The House Republican caucus is pressing for passage of fiscal 2025 funding bills to avert the long-term threat of a shutdown and clear the legislative calendar prior to the November elections.

Maryland Senator Presses for Baltimore Aid

Thu, 06/06/2024 - 11:47
WASHINGTON — Sen. Ben Cardin of Maryland renewed calls for colleagues to endorse emergency aid for rebuilding the Port of Baltimore area and the collapsed Francis Scott Key Bridge.

Trucking Fleets Urged to Be Proactive in Litigation

Thu, 06/06/2024 - 11:03
INDIANAPOLIS — When a trucking company anticipates or is involved in serious accident litigation, C-suite executives might want to remember one thing: Your company lives in a glass house.

Truckers Urged to Get Vocal on Regulatory Challenges

Thu, 06/06/2024 - 10:47
INDIANAPOLIS — Motor carriers are making strides in influencing the regulatory future of the industry, but must remain vocal to address challenges they face, according to TCA's David Heller.

Class 8 Truck Orders Increased 50% Year-Over-Year During May

Thu, 06/06/2024 - 09:43
North American Class 8 truck orders continued the trend of year-over-year gains in May, according to ACT Research.

ABB Considers Sale of Some Electric Mobility Assets

Thu, 06/06/2024 - 09:23
ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.

EV Taxi Startup Revel to Lay Off Drivers for Gig Model

Thu, 06/06/2024 - 08:22
Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.

Used Truck Sales in April Jump 30% From Last Year

Wed, 06/05/2024 - 18:05
Used Class 8 truck sales in April increased 29.6% compared with the same period the prior year, ACT Research reported.

UN Chief Wants Tax on Profits of Fossil Fuel Companies

Wed, 06/05/2024 - 16:35
GENEVA — U.N. Secretary-General António Guterres called June 5 for a “windfall” tax on profits of fossil fuel companies to help pay for the fight against global warming.

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