General News
Sources: Hertz Is Exploring Options for Raising Financing
Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.
OPEC+ Works on Output Cut Accord That May Stretch Into 2025
OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.
ATRI Announces Research Projects for 2024
The American Transportation Research Institute Board of Directors has approved a diverse set of 2024 research priorities designed to address some of the trucking industry’s most critical issues.
House T&I Takes Up WRDA in June
WASHINGTON — A policy update to the country’s network of waterways is on the upcoming schedule for the U.S. House of Representatives’ transportation panel.
DTNA’s O’Leary: EV Infrastructure Buildout Still Lagging
Daimler Truck North America CEO John O’Leary says the scarcity of charging infrastructure continues to constrain the pace of the industry's adoption of battery-electric trucks.
Nebraska Leads State Groups in EPA, CARB Emissions Lawsuits
Nebraska is leading two state coalitions suing California and the U.S. Environmental Protection Agency over their individual emissions rules.
Greenlane Eyes Securing 20 Sites by End of 2025, CEO Says
Alternative power supplier Greenlane expects to have up to 20 sites lined up for development by the end of 2025, according to CEO Patrick Macdonald-King.
Senators Introduce Supply Chain Bill
Legislation that would establish a supply chain resiliency program at the Department of Commerce was recently unveiled in the Senate.
Senators Urge Prosecution of Alleged Oil Industry Collusion
WASHINGTON — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry.
Amazon to Expand US Drone Service
Amazon.com’s Prime Air drone program has been cleared by regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access to the service.
Johns Hopkins Team Assessing Nation’s Bridges
BALTIMORE — Researchers at Johns Hopkins University in Baltimore are assessing the country’s bridges to determine the likelihood of a disaster like the one that collapsed the Key Bridge.
Unemployment Rates Up From 2023 in 78% of US Metro Areas
Unemployment rates were higher in more than three-quarters of metropolitan areas in the U.S. last month compared with a year ago.
Hyundai, Plus Team Up on Self-Driving Class 8 FCEV Truck
Hyundai Motor Co. and autonomous driving software specialist Plus unveiled what they say is the first Level 4 autonomous Class 8 hydrogen fuel cell electric truck in the U.S.
Cargo Thefts Remained Unusually High in First Quarter
The trucking industry struggled through an unusually high number of cargo thefts during the first quarter, according to Verisk Analytics’ CargoNet report.
Focus on Tire Recycling Renews as BEV Numbers Swell
Retreading is a key instrument in a fleet manager’s cost management toolbox, but what happens after tires reach the end of their lifespan?
Ports Report More Volume Gains for April
U.S. ports continued to see year-over-year container volume increases in April, with the Port of Los Angeles reporting its ninth consecutive month of year-over-year growth.
Tax Credit Lures Canada’s Largest Renewable Diesel Venture
Canada’s Alberta province has provided an Agri-Processing Investment Tax Credit to Imperial Oil Ltd. for a C$720 million project to build the nation’s largest renewable diesel facility.
Some Shipping Container Costs Hit $10,000
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.
VTNA Launches Volvo on Demand for Class 8 VNR Electric
Volvo Trucks North America is launching a term-based program that offers fleets a way to sample how a Volvo VNR Electric model would work in their fleets.
ATA Critical of Proposed Federal Downgrade of Marijuana
American Trucking Associations has expressed safety concerns over a Drug Enforcement Agency proposal to downgrade the classification of marijuana from Schedule I to Schedule III.