The federal funding is meant to improve the reliability of existing EV charging infrastructure. (VisualArtStudio/Getty Images) Up to $100 million in government grants is available for states and local governments to repair and replace existing broken electric vehicle charging infrastructure, the Federal Highway Administration announced Sept 13. “This funding represents the latest step toward building ...more
Freightliner trucks on the assembly line. U.S. Class 8 truck production is likely to fall by a smaller amount than forecasters previously expected, according to TD Cowen analyst Matt Elkott. (Freightliner via YouTube) Sentiment is growing that U.S. demand for Class 8 trucks in 2024 is likely to be better than expected, partly due to ...more
A Torc Robotics truck. Autonomous vehicles operating in California would need a human driver for the next five years under AB 316. (Torc Robotics) California Gov. Gavin Newsom is on the spot. The California Senate passed a bill Sept. 11 mandating human drivers behind the wheel of autonomous trucks on state highways for at least ...more
“We are not taking our eye off of the productivity ball,” Tomé said. (Jim Watson/AFP/Getty Images) UPS Inc. will pay out the biggest portion of its new, five-year labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, making for a challenging upcoming year, CEO ...more
Amazon's new program is in a pilot test. (Steven Senne/Associated Press) Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses, the latest push by the e-commerce giant to expand its logistics network beyond serving online shoppers. Amazon on Sept. 12 ...more
Traffic on a California freeway. (MCCAIG/GettyImages) SACRAMENTO, Calif. — Major corporations from oil and gas companies to retail giants would have to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel under legislation passed Sept. 11 by California lawmakers, the most sweeping mandate of its kind ...more
ATA President Chris Spear (left), Transportation Secretary Pete Buttigieg (middle) and ATA Chairman Dan Van Alstine (right) are joined by drivers (from left) Dean Key, Tina Klein, Eric Stein and Paramjeet Singh. (American Trucking Associations) American Trucking Associations President Chris Spear renewed calls for Congress and the Biden administration to continue with efforts that fund ...more
Looney has been the strongest advocate among the CEOs of the oil supermajors for a faster shift into low-carbon energy. (Jason Alden/Bloomberg News) BP Plc CEO Bernard Looney has resigned over the failure to fully disclose past relationships with colleagues. The surprise development leaves the oil and gas giant leaderless at a crucial juncture, when it ...more
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific entrance near Panama City, Panama, on Sept. 1. (Walter Hurtado/Bloomberg News) The operator of the Panama Canal said there’s no immediate prospect of relief from the drought that’s reduced water levels and snarled shipping and global supply chains. Panama Canal ...more
Wabtec's fully electric FLXdrive locomotive. (Wabtec) Progress Rail, a division of Caterpillar Inc., has accused Wabtec Corp. of violating antitrust laws and contractual agreements after acquiring GE Transportation in 2019 — an $11 billion deal that made the Pennsylvania-based rail firm the industry’s largest supplier of certain locomotives and technologies. Indiana-based Progress, which voiced concerns ...more
