Rivian Scraps Plan to Make Electric Vans in Europe With Mercedes

By |2022-12-12T10:08:00-05:00December 12th, 2022 at 10:08 AM|Trucking News|

Rivian Automotive Inc. is shelving plans to jointly build electric vans in Europe with Mercedes-Benz AG, aborting a deal signed just three months ago to share costs and quickly scale up production. Rivian will no longer pursue the memorandum of understanding signed with the German automaker in September to invest in and jointly operate an ...more

Diesel Plunges 21.3¢ to $4.754 a Gallon

By |2022-12-12T05:23:00-05:00December 12th, 2022 at 5:23 AM|Trucking News|

The national average price of diesel continued its downward trajectory, falling 21.3 cents to $4.754 a gallon, according to Energy Information Administration data released Dec. 12. Highlights Diesel has shed 38.7 cents a gallon in just the past two weeks and 58.7 cents since Oct. 24. Trucking’s main fuel is at its lowest cost since ...more

Perspective: Taking Aim at Unfair Billing

By |2022-12-12T04:35:00-05:00December 12th, 2022 at 4:35 AM|Trucking News|

With the passage of the Ocean Shipping Reform Act of 2022 earlier this year, the Federal Maritime Commission has continued its proactive approach in addressing the need for change that sparked the law. Truckers and their shipper partners are hopeful these efforts will offer relief by finally addressing unfair billing practices surrounding the assessment and ...more

Congress Eyes Final Water Infrastructure Bill

By |2022-12-12T03:50:00-05:00December 12th, 2022 at 3:50 AM|Trucking News|

Legislation that would approve funding for water infrastructure projects around the country has been finalized, congressional transportation leaders announced this month. Congress appears ready to clear for President Joe Biden the Water Resources Development Act of 2022 during this post-election lame duck session. The bill is included in comprehensive defense policy legislation. WRDA, sponsored by ...more

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