08 Mar Driverless Truck Startup Plus Seeks SPAC Merger Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter. Read more...
08 Mar European Gasoline Diverted to Texas to Ease Supply Crunch Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries. Read more...
07 Mar Senate OKs $1.9 Trillion COVID-19 Relief Package The U.S. Senate passed a sweeping $1.9 trillion COVID-19 relief bill March 6 that includes billions for vaccines, $1,400 direct payments to many Americans and billions for transit. Read more...
05 Mar Ex-DOT Official Finch Fulton Joins Locomation Locomation hired former U.S. Department of Transportation official Finch Fulton to serve as its vice president of policy and strategy. Read more...
05 Mar Big G Express Announces 6th Annual Charity Motorcycle Ride Over-the-road trucking company Big G Express announced plans to hold its sixth annual motorcycle ride benefiting St. Jude Children’s Research Hospital on June 5. Read more...
05 Mar Oil Soars Above $66, Highest in Two Years Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump. Read more...
05 Mar CVSA Cancels North American Inspectors Championship in Minnesota The Commercial Vehicle Safety Alliance has canceled this year’s North American Inspectors Championship, which had been scheduled to take place in August in Minneapolis, the trade group announced March 5. Read more...
05 Mar Freight Economy Among Priorities of California’s Long-Term Plan Improving freight movement in support of a strong economy is one of the priorities listed in the California Department of Transportation’s long-range transportation plan. Read more...
05 Mar US Senators Introduce Flood Detection Bill A group of senators recently introduced legislation that would establish a National Integrated Flood Information System. Read more...
05 Mar Commercial Vehicle Group Partners With Xos Commercial Vehicle Group announced a partnership with commercial electric vehicle manufacturer Xos Inc. to develop sustainability initiatives intended to champion innovation and solutions for growing macro-trends in the marketplace. Read more...