15 Jul Texas County Gives Thumbs Up to Tesla Factory Tax Break The prospect of a Tesla Inc. factory in the Austin, Texas, area has moved a big step closer to reality, after Travis County commissioners on July 14 approved tax breaks the electric vehicle maker requested. Read more...
15 Jul Extension of Airline Payroll Aid Sought by Unions, Lawmakers A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October. Read more...
15 Jul Navistar, TuSimple Partner to Launch Self-Driving Trucks in 2024 Truck and engine maker Navistar International Corp., and TuSimple, a global self-driving technology company, announced July 15 a strategic partnership to co-develop SAE Level 4 self-driving trucks targeted for production by 2024. Read more...
15 Jul Tesla Shares Take a Breather After Historic Run After a torrid rally that saw shares more than double since early May, Tesla Inc. is taking a pause on July 15, even as the broader market rises on the hopes for a coronavirus vaccine. Read more...
15 Jul Medium-Duty Sales in June Slide 18.8% U.S. retail sales of Classes 4-7 medium-duty trucks in June dropped 18.8% to just under 18,000 units, WardsAuto.com reported. Read more...
15 Jul US Industrial Output Surges by Most Since 1959 on Reopening U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns. Read more...
14 Jul House Panel OKs Fiscal 2021 Transportation Funding Bill Legislation that would increase funding for the Federal Motor Carrier Safety Administration was approved July 14 during a hearing of the House Appropriations Committee. Read more...
14 Jul FAA’s Failure to Cull Bad Pilots Cited in Fatal Atlas Crash The fatal crash of a cargo plane last year was caused in part by the failure of the U.S. federal government to establish a reliable system of weeding out unqualified airline pilots, investigators concluded. Read more...
14 Jul Biden Touts Union Jobs in $2 Trillion Plan to Build Clean Energy Joe Biden unveiled plans July 14 to spend $2 trillion galvanizing a clean energy economy, with ambitions to spur millions of union jobs building the wind turbines, sustainable homes and electric vehicles needed to rapidly throttle U.S. greenhouse gas emissions driving climate change. Read more...
14 Jul Trucking Freight Increases 3% Year-Over-Year, ATA Report Says The trucking industry collectively moved 11.84 billion tons of freight in 2019, according to American Trucking Associations’ annual data compendium — ATA American Trucking Trends 2020 — which was released July 13. That figure is a 3% year-over-year increase from 2018’s 11.49 tons of freight. Read more...