General News
NHTSA Warned Tesla Months Before Self-Driving Probe
In a May 15 email sent to Tesla representatives, a NHTSA official flagged seven social media posts that gave the agency pause.
FRA Awards $96.5M to Hydrogen Rail Projects in Three States
Under terms of the grant program, FRA will pay no more than 80% of a project’s cost, with a minimum 20% match that can include in-kind contributions.
Toyota Criticizes US Push for Rapid EV Adoption
“The whole EV ecosystem is ahead of the consumer,” Toyota North America COO Jack Hollis said, pointing to tailpipe emission rules from the EPA and California.
Trump’s Win Sets Off Race to Complete Chip Subsidy Deals
The Biden administration is racing to complete CHIPS Act agreements, aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.
Pair Charged With Smuggling Truck Emission Override Systems
A father and son have been accused of conspiring to smuggle illegal devices to override emission controls on trucks into Central Washington and selling them online for $74 million.
TxDOT Campaign to End Traffic Deaths Focuses on Permian Basin
ODESSA — The Texas Department of Transportation announced a statewide public campaign to end fatalities on Texas roadways.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain
The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.
Freight Industry Welcomes Trump’s White House Return
The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.
RXO Reports Revenue Increase to Just More Than $1B for Q3
RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.
Biden Rushing Study That Threatens to Slow Trump’s LNG Plans
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals.