18 May Rivian’s Tesla Alums Lead Charge as Debut Nears for First Three EVs Rivian Automotive Inc. will soon set off on an aggressive sprint to upend the electric-vehicle business, with plans to start selling three models — a pickup truck, SUV and delivery van — in a matter of months. For this ambitious effort, it has harnessed powerful weapons: former Tesla Inc. engineers who launched the company’s Model 3 sedan. Read more...
18 May Tonnage in April Rises 6.9% Year-Over-Year Truck tonnage in April increased a seasonally adjusted 6.9% compared with year-ago levels, according to American Trucking Associations' For-Hire Truck Tonnage Index. Read more...
18 May Walmart Raises Forecast on Desire to ‘Get Out and Shop’ Walmart Inc. posted strong quarterly sales growth and boosted its profit outlook, an impressive feat as the retailer faced a difficult comparison with last year’s pandemic-fueled stockpiling. The shares rose in premarket trading. Read more...
18 May California Places Tesla’s ‘Full Self-Driving’ Under Review LOS ANGELES — California’s Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. Read more...
18 May NTSB Chairman Robert Sumwalt to Step Down at End of June, Source Says WASHINGTON — The chairman of the National Transportation Safety Board will step down from his position at the end of June, and the Biden administration is expected to nominate a fellow board member to replace him, a person familiar with the matter told the Associated Press on May 17. Read more...
18 May Minnesotans Weigh In on Vehicle Electrification Priorities, Barriers Electric vehicle charging opportunities should be prioritized as a strategy as Minnesota embraces transportation electrification, according to participants of a public engagement session held May 17. Read more...
17 May CN Rail Offer for K.C. Southern to Fall Under Stricter Rules Canadian National Railway Co.’s proposal to acquire Kansas City Southern will be judged under stricter regulations adopted in 2001, the U.S. regulator said in an expected decision that lays the ground rules for what would be the first major rail merger in more than two decades. Read more...
17 May Diesel Rises 6.3¢ to $3.249; Gas Tops $3 The national average price of a gallon of diesel climbed 6.3 cents to $3.249, according to Energy Information Administration data, in the third straight increase for trucking's main fuel. Read more...
17 May McLeod Software Furthers Its Trucker Tools Integration McLeod Software added Trucker Tools’ Book-it-Now app-based service to its PowerBroker Platform, the companies announced May 17. Read more...
17 May Medium-Duty Sales Rise in April to Clear 19,000 April U.S. retail sales in Classes 4-7 rose 23.9% to more than 19,000 vehicles, reflecting gains in all segments, WardsAuto .com reported. Read more...