By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.
Category: News
Tesla Rethinks the Assembly Line
Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
US Buys 2.8 Million Barrels of Oil for Strategic Reserve
The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies.
Home Depot Buys SRS Distribution in $18 Billion Deal
Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.
Automakers Face Workarounds Due to Port of Baltimore Closure
The Maryland bridge collapse that severed access to the Port of Baltimore early March 26 is expected to cause some shipping delays and logistical headaches for the auto industry.
Rep. Rick Crawford Pursues T&I Chairmanship
WASHINGTON — Rep. Rick Crawford (R-Ark.), who leads the House subcommittee on highways and transit policy, declared his candidacy for the full transportation committee’s chairmanship.
NYC Congestion Pricing Wins Key Approval From Transit Board
Drivers of cars and trucks in New York City inched closer to paying a new fee to enter Manhattan’s central business district after approval of the nation’s first congestion-pricing plan.
US Ports Post Year-Over-Year Increases for February
U.S. ports experienced overall increases in container volumes year-over-year in February to extend a strong start to the year.
Questions Linger About Enforcement of California AB 5 Law
The California AB 5 independent contractor law is more than 4 years old, but how and to what extent it’s being enforced across the trucking industry remains an open question.
Used Truck Sales in February Increase 23% Over Last Year
Used Class 8 truck sales in February increased 23.3% compared with the same period the prior year, ACT Research reported.