General News
September Medium-Duty Truck Sales Fall 9.4% Year on Year
Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.
Federal Aid Tops $2B for Recovery From Helene, Milton
The federal government has been under intense pressure to show that it is getting help to areas devastated by the back-to-back hurricanes and warns that more money will be needed.
States Temporarily Lift Fuel Tax Rules for Hurricane Relief
The exemptions are designed to facilitate aid delivery to Southern states still recovering from hurricanes Milton and Helene.
J.B. Hunt Q3 Profit Beats Expectations, Boosts Share Price
Profits at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volumes rose year over year.
Toyota Joins With Boston Dynamics on AI-Powered Robots
Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.
Aurora: Autonomous Trucks Can Reduce Risk, Insurance Costs
NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.
Amazon, Google Make Dueling Nuclear Investments
Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.
GM Invests $625 Million in Biggest US Lithium Project
GM will commit $625 million toward what’s likely to be one of the biggest U.S. lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for EVs.
US to Loan EV Battery Parts Maker $671M for Georgia Plant
The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.
Dellinger Installed as ATA’s 80th Chairman
NASHVILLE, Tenn. — American Trucking Associations wrapped up MCE 2024 on Oct. 15 with an evening of celebration after electing Dennis Dellinger as the federation’s 80th chairman.
Family, Faith, Trucking: Dennis Dellinger’s Road to ATA Chair
The 80th ATA chairman's rise is one of a tough but fair trucking leader, a hardworking, astute man who has risen over nearly four decades to the top of his profession.
Volvo Trucks Pushes Ahead With Electric Truck Goals
NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.
Diesel Rises for Fourth Straight Week With 4.7-Cent Gain
The national average diesel price increased 4.7 cents to $3.631 per gallon, according to U.S. Energy Information Administration data released Oct. 15.
Toll Management Proves Helpful to Curb Mounting Fees
NASHVILLE, Tenn. — Tolls are a reality for many carriers, and handling the mounting fees associated with traveling through several regions of the country has become a cumbersome challenge.
Biodiesel Projects Win $1.85 Million in Iowa Grants
Iowa is incentivizing biodiesel production with $1.85 million in new biofuel grants announced by state Agriculture Secretary Mike Naig to support rural jobs.
EU Plans Tariff Strategy if Trump Returns to White House
The EU’s favored approach would be to seek an agreement with Trump on some areas of common interest such as China, said one of the people, who spoke on the condition of anonymity.
DeSantis Grants SeaPort Manatee $9.5M After Hurricane Milton
Florida Gov. Ron DeSantis awarded SeaPort Manatee a $9.5 million grant to help repair berths and infrastructure after the port sustained $225 million in damages from Hurricane Milton.
Americans Plan to Cut Holiday Gift Buying in Hit to Retail
U.S. shoppers say they’re going to spend less on holiday gifts this year, which would deliver another blow to retailers that have struggled with waning demand.
EV Chipmaker Wolfspeed Wins $1.5 Billion Financing
Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.
BMW CEO: EU Combustion Engine Ban Is ‘No Longer Realistic’
Europe’s plan to effectively ban the sale of combustion engine cars from 2035 will lead to a “massive shrinking” of its automotive industry, according to BMW AG CEO Oliver Zipse.