An emphasis on climate change will help guide the Biden administration’s infrastructure policy agenda, which aims to provide economic relief to states and industry stakeholders, Rhode Island Gov. Gina Raimondo told the Senate Commerce Committee at her …
Category: News
Climate Change, COVID-19 Aid Priorities for Biden Administration, Gina Raimondo Says
An emphasis on climate change will help guide the Biden administration’s infrastructure policy agenda, which aims to provide economic relief to states and industry stakeholders, Rhode Island Gov. Gina Raimondo told the Senate Commerce Committee at her …
Biden to Require Electric Trucks at USPS, Federal Agencies
President Joe Biden is preparing an executive order to marshal the federal government’s purchasing power by requiring that federal agencies — including the U.S. Postal Service — buy clean vehicles and renewable power, according to three people familiar…
U.S. Xpress Latest to Invest in TuSimple
U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.
Biden to Pause Oil Drilling on Public Lands
WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate chang…
COVID-19 Pandemic Impacts Q4 Earnings at Union Pacific
Union Pacific saw its fourth-quarter and full-year results decline versus year-ago levels, but the Class I rail carrier said its implementation of precision scheduled railroading is reaping benefits for its operations.
Pennsylvania Truckers Object to Bridge Tolling Plan
The Pennsylvania Department of Transportation is moving forward with its controversial plan to consider charging tolls on as many as 10 major bridges in the state. But representatives from the trucking industry say tolls would hurt their industry.
Paccar 4Q Earnings, Revenue Drop
Paccar Inc. posted lower fourth-quarter net income and revenue while achieving record quarterly parts revenue and notching its record market share for medium-duty vehicles sold in the U.S. and Canada.
Trucking Becomes More Focused on Health, Efficiency
Trucking embraced risk management and technology that drives efficiency in response to the coronavirus pandemic, industry leaders said in a panel discussion Jan. 25.
Elon Musk’s Finance Chief Quietly Tallies Profit Surge at Tesla
Tesla Inc. on Jan. 27 is widely expected to report its sixth consecutive quarterly profit — and potentially its first $1 billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index …