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California EV Rebates May Omit Tesla Models

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

November 25, 2024

FleetPulse Expands Into Canada

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

November 25, 2024

Schneider Acquiring Cowan Systems in $390 Million Deal

Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

November 25, 2024

Quikrete Secures $9.2 Billion for Summit Materials Deal

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.

November 25, 2024

California Pledges State EV Credit if Federal Subsidies End

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

November 25, 2024

October Port Container Volume Keeps Strong Pace

U.S. ports continued to report strong year-over-year gains for cargo handling in October.

November 25, 2024

OPEC+ Shifts to Virtual Meeting as Oil Futures Slide

It’s the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.

November 25, 2024

Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

November 25, 2024

Tesla, Rivian Reach Conditional Settlement in Poaching Suit

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

November 25, 2024