11 Mar DeJoy Embraces Electric Trucks Despite USPS Contract Award Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power. Read more...
11 Mar Trailer Orders Rise 82% in February to 24,200 U.S. trailer orders in February reached 24,200, an increase of 82% from a year earlier, ACT Research reported. Read more...
11 Mar Biden Is Betting His Whole Climate Agenda on Infrastructure Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of COVID-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President Biden signed into law March 11, however, does little in the way of fulfilling that pledge. Read more...
11 Mar Renault to Sell $1.4 Billion Daimler Stake Renault SA plans to sell shares in Daimler AG worth about $1.4 billion (1.2 billion euros) to secure funds for its turnaround efforts after a record annual loss. Read more...
11 Mar LG to Invest $4.5 Billion to Expand Battery Capacity in US LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity. Read more...
11 Mar Officials Call $202,000 Towing Bill a Textbook Example of a Scam A Wisconsin motor carrier got a big surprise when one of its tractor-trailers hauling a truckload of cheese had to be pulled from a ditch on I-64 in central Virginia: A $202,000 removal and towing bill. Read more...
11 Mar Congressional Earmarks Can Be Tool for Advancing Infrastructure Bill, Stakeholders Say Freight transportation stakeholders said they’d welcome revival of the long-dormant congressional earmark process as part of comprehensive infrastructure legislation later this year. Read more...
11 Mar Transportation Aid Included in COVID-19 Relief Bill Aid for transportation programs around the country was approved as part of the nearly $2 trillion COVID-19 relief package signed by President Joe Biden on March 11. Read more...
11 Mar Isuzu Makes Enhancements on 2022i Model Year N-Series Diesel Trucks Isuzu Commercial Truck of America Inc. unveiled what it called major changes intended to enhance its 2022 interim model year N-Series diesel trucks. Read more...
11 Mar Crash Trends a ‘Concern,’ FMCSA Officials Say at Safety Meeting Speeding, distracted driving, work zone accidents and a lack of seat belt use in fatal truck-occupant crashes remain “areas of concern” among federal trucking regulators, according to a top official at the Federal Motor Carrier Safety Administration. Read more...