Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to U.S. tax credits under tougher rules that took effect this week.
January 3, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Bendix Sells Steering, Pump Specialist R.H. Sheppard
A private equity firm bought steering and engine pump manufacturer R.H. Sheppard from Bendix Commercial Vehicle Systems for an undisclosed sum, the brake and active safety software specialist said.
January 3, 2025Biden Eases Rules for Hydrogen Tax Credits
The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.
January 3, 2025Manhattan Congestion Toll Faces Last-Ditch Legal Fight
New York’s controversial plan to charge drivers a toll for entering Manhattan’s central business district starting on Jan. 5 is facing a last-ditch challenge from neighboring New Jersey.
January 3, 2025Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel
Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.
January 3, 2025Tesla Cybertruck Joins List of EVs Eligible for US Subsidy
The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.
January 2, 2025In 2025, Will Trump Administration Be a Friend of Trucking?
In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.
January 2, 2025USDOT Officials, NTSB to Headline TRB Annual Meeting
The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.
January 2, 2025China Tightens Export Curbs on Battery Tech and Metals
China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.
January 2, 2025Biden Expected to Permanently Ban Some Offshore Drilling
Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.
January 2, 2025