26 Sep China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan China’s top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties. Read more...
26 Sep Short US Transport Stocks as World Growth Worsens, Cantor Says Cantor Fitzgerald LP is recommending bearish trades on the U.S. transportation sector amid a deteriorating global trade landscape and worsening economic numbers. Read more...
25 Sep California Gov. Gavin Newsom Signs Heavy-Duty Truck Smog Inspection Program Bill Into Law Democratic Gov. Gavin Newsom has signed into law a bill that directs the California Air Resources Board and other state agencies to develop and implement a new smog inspection program for heavy-duty diesel on-road trucks. Read more...
25 Sep American Farmers Benefit from US-Japan Trade Agreement U.S. farmers — reeling from trade wars, low commodity prices and bad weather — are set to be the main winners from President Donald Trump’s initial accord with Japan. Read more...
25 Sep Embark to Open Transfer Hubs to Shift Freight to Self-Driving Trucks Self-driving trucking startup Embark Trucks announced it will open two transfer hubs to switch freight to its automated trucks. Read more...
25 Sep New Home Sales Climbed a Healthy 7.1% in August U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market. The Commerce Department said Sept. 25 that new homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July. Read more...
25 Sep Experts Advocate Infrastructure Funding, Reforms at House Hearing Significant upgrades of freight and commuter corridors would vastly improve motorists’ quality of life and regional commerce, a panel of infrastructure experts told a congressional panel Sept. 25. Read more...
25 Sep EU Eyes $4 Billion Tariff Strike to US The European Union is weighing an aggressive new approach to its trade dispute with the U.S., signaling a willingness to engage in the combative tactics embraced by President Donald Trump and risking a further deterioration in transatlantic relations. Read more...
25 Sep Partnership Aims to Tackle Human Trafficking in Canada Truckers Against Trafficking, a group that educates members of the trucking industry about combating human trafficking, has formed a partnership to expand its work into Canada. Read more...
25 Sep California Drivers May See $4 a Gallon at the Gas Pump California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years. Read more...