Janelle Lowe prepares to charge her electric vehicle at a charging station Thursday, May 22, 2025, in Long Beach, Calif. (AP Photo/Damian Dovarganes) The Trump administration’s plan to scrap federal incentives for electric vehicles will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts. On ...more
Carriers spent considerable amounts of hard-earned cash on the Tre tractors, even as Nikola executives hunted for a financial backer for many months. (Andreas Gebert/Bloomberg) If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Motors filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer ...more
Carriers spent considerable amounts of hard-earned cash on the Tre tractors, even as Nikola executives hunted for a financial backer for many months. (Andreas Gebert/Bloomberg) If the manufacturer of the trucks you bought implodes, what do you do? After Nikola Motors filed for Chapter 11 bankruptcy protection on Feb. 19, customers expressed hope a buyer ...more
An OPEC-branded oil drum at the COP29 climate conference in Baku, Azerbaijan, in November 2024. (Andrey Rudakov/Bloomberg) OPEC+ has begun discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified. Saudi Arabia and its partners have previously approved hikes of the ...more
Kunar joined DHL Supply Chain in 1996 as a financial analyst. (DHL Group) DHL Supply Chain North America promoted Mark Kunar to CEO, parent company DHL Group said. Kunar, previously DHL Supply Chain North America’s chief financial officer and chief strategy officer, replaced Patrick Kelleher. Kunar will report to Oscar de Bok, CEO of DHL ...more
Nike shoes on display at a store in London. Nike had already been planning on price increases before the Vietnam tariff deal. (Chris Ratcliffe/Bloomberg) Nike Inc. will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst. “Nike already ...more
NMFTA said the convergence of three factors creates a strong cargo theft defense: cybersecurity, operational security and physical security. (Kindamorphic/Getty Images) The National Motor Freight Traffic Association has released a framework aimed at helping carriers and brokers fight back against the growing and increasingly sophisticated problem of digitally enabled cargo theft. Launched June 26, the ...more
Several semi trucks were heavily damaged by fire at a truck stop located in Weld County, Colorado, on Wednesday night. At 9:50 p.m. on July 2, Mountain View Fire Rescue responded to a reported commercial vehicle fire at a truck stop located along Colorado Highway 119 just west of I-25.Mountain View Fire RescueWhen crews arrived ...more
Police say that a truck driver was “laughing about it as he drove away” from the site of a fatal road rage incident with another semi truck. The incident happened on the evening of June 22nd. The truck driver surrendered to police on Tuesday, July 1st for the New Jersey Turnpike incident. According to NJ News, ...more
The passage of a substantial tax reform bill will provide tax stability for truckers but fails to offer help with issues surrounding their overtime pay, industry advocates say. The US House of Representatives passed the One Big Beautiful Bill on Thursday, July 3rd. The bill is primarily focused on extending and modifying the 2017 Tax ...more
