04 Feb Transportation Groups Want State of the Union to Highlight Infrastructure Needs Transportation priorities need to be included in President Donald Trump's State of the Union address, industry stakeholders say. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
04 Feb Stevens Transport Orders 1,600 Tractors, Trailers for Delivery in 2019 Refrigerated truckload carrier Stevens Transport is buying 1,600 new tractors and trailers for 2019 at a cost of $165 million, according to a statement released by the Dallas-based company Jan. 29. Read more...
04 Feb California Commits Billions to Advance EV Programs A review conducted by the San Diego Union-Tribune showed various state agencies have committed $2.46 billion in public funds — some of it already spent and the rest planned over a number of years — for programs aimed at luring drivers out of cars and trucks powered by internal combustion engines and encouraging them into zero- or low-emission vehicles. Read more...
04 Feb Stevens Transport Orders 1,600 Tractors, Trailers For Delivery Refrigerated truckload carrier Stevens Transport is buying 1,600 new tractors and trailers for 2019 at a cost of $165 million, according to a statement released by the Dallas-based company Jan. 29. Read more...
04 Feb Freightera Logistics Secures Investment From Decathlon Capital Partners Freightera, an online marketplace for freight costs and service comparisons, has announced a major investment from Decathlon Capital Partners, per a Jan. 24 press release. An exact figure wasn’t disclosed but was described as being seven figures. Read more...
04 Feb Tesla to Buy Battery-Tech Firm Maxwell for $218 Million in Stock Tesla Inc. agreed to acquire battery-technology company Maxwell Technologies Inc. for about $218 million in stock, as Elon Musk’s electric-car maker adds expertise in energy storage and power delivery. Read more...
04 Feb US Refiners Cut Off From Venezuelan Crude After Sanctions U.S. oil refiners won’t be allowed to complete shipments of Venezuelan crude they booked before the Trump administration slapped new sanctions on the Latin American nation. Read more...
01 Feb Volvo Reports Mixed 4Q Results Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year. Read more...
01 Feb EPA's Andrew Wheeler Says New Glider Truck Rule Would Consider Impact on Manufacturers The U.S. Environmental Protection Agency plans to tailor its new glider truck emissions standard to help protect the glider industry from “going out of business or substantially reducing its economic growth potential,” agency chief Andrew Wheeler said in a document sent to Congress. Read more...
01 Feb New Mexico State Senate Panel Passes Tesla-Backed Bill A state Senate bill that would allow electric vehicle manufacturer Tesla and others to open stores and service centers in New Mexico was approved by the Public Affairs Committee on Jan. 31. Read more...