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CARB Rules Seen as Hindrance to Obtaining New Diesel Vehicles

Thu, 11/14/2024 - 13:18
Zero-emission vehicle sales in California over the past two years have been better than anticipated, but the transition to EVs has left some dealers challenged to obtain new diesel trucks.

NYC Congestion Pricing Plan With $9 Toll to Start in January

Thu, 11/14/2024 - 13:03
It will cost $9 for motorists driving into parts of Manhattan starting in January under a revised tolling plan that New York Gov. Kathy Hochul is seeking before Donald Trump takes office.

Leading Freight Companies Prepare for Freight Turnaround

Thu, 11/14/2024 - 12:24
Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Thune, Key Transportation Senators Fill GOP Leadership Roles

Thu, 11/14/2024 - 12:15
Following the caucus’ announcement, Thune explained the Republican team in the Senate would pursue Trump’s policies as well as assist with the confirmation of his top-level nominees.

Five States Seek CARB Delays When Regs Take Effect in 2025

Thu, 11/14/2024 - 11:58
Truckers and legislators in half of the 10 states that automatically adopted California’s Advanced Clean Trucks regulation are trying to put the brakes on before the 2025 rules take effect.

Trucking Sees Early Indications of Rising Driver Demand

Thu, 11/14/2024 - 11:34
The trucking industry saw very early indications that driver demand picked up during the third quarter, while remaining affected by market conditions.

Homeland Security Department Releases AI Framework

Thu, 11/14/2024 - 11:22
WASHINGTON — The Biden administration released guidelines for using artificial intelligence in the power grid, water system, air travel network and other critical infrastructure.

Ford Hit With $165 Million Penalty on Recall Failure

Thu, 11/14/2024 - 10:27
Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner.

Hapag-Lloyd Profitable Despite Global Downturn

Thu, 11/14/2024 - 09:24
HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

Trucking Sector Weakness Looms Over Q3 Results

Thu, 11/14/2024 - 09:10
The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

Global Oil Market Faces a Million-Barrel Glut Next Year

Thu, 11/14/2024 - 08:44
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the International Energy Agency said.

Railroads, Unions See Trump’s Election Looming Over Talks

Thu, 11/14/2024 - 08:07
OMAHA, Neb. — The flurry of contract agreements announced this fall offers evidence that railroads and their unions are working to avoid the standoffs that led them to a brink of a strike in 2022.

Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026

Wed, 11/13/2024 - 22:28
Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.

JBS Profit Surges to Two-Year High on Booming Chicken Demand

Wed, 11/13/2024 - 17:09
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.

New York Gov. Hochul Moving Fast on Congestion Pricing

Wed, 11/13/2024 - 16:02
NEW YORK — Gov. Kathleen Hochul is negotiating a modified version of congestion pricing with the feds that would start the Manhattan toll at $9 per day before ramping it back up to the $15 plan.

Trump’s EPA Pick Draws Praise, Pushback Over Climate Policy

Wed, 11/13/2024 - 14:50
During his nearly 10-year tenure on Capitol Hill, Lee Zeldin pushed back on the progressive policy proposal known as the Green New Deal.

Westport Q3 Loss Narrows as Cespira JV Ramps Up

Wed, 11/13/2024 - 14:30
Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.

Transportation Nominees on Senate’s Radar

Wed, 11/13/2024 - 13:43
With members of Congress back in Washington after the elections, their lame-duck session in the Senate includes consideration of high-profile nominees.

Inflation Rises Slightly in October to 2.6%

Wed, 11/13/2024 - 13:36
WASHINGTON — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off.

Dockworkers Call Off Talks Again, With Automation at Issue

Wed, 11/13/2024 - 12:36
The U.S. dockworkers union that halted cargo at every major port on the country’s eastern and southern coasts last month has called off talks with their employers over automation.

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