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EPA IG Finds Study Critical of Glider Emissions Was Properly Conducted

A U.S. Environmental Protection Agency’s Inspector General audit has given a 2017 agency study critical of glider truck emissions a clean bill of health.

August 1, 2019

Shopify Rally Continues After Sales, Outlook Beat Estimates

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

August 1, 2019

Trucking Stakeholders Ask Congress to Repeal the 12% Federal Excise Tax on Trucks, Trailers

A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.

August 1, 2019

French Startup Develops Tech to Convert Diesel Cars to Electric

About 5,000 euros ($5,600) are set to buy your 10-year-old combustion clunker an electric makeover — and offer a cut-price way to avoid driving bans across European cities.

July 31, 2019

Warren Buffett’s Geico Joins Rivals in Tracking Drivers

Geico has launched a telematics offering, called DriveEasy, in certain states, Credit Suisse Group AG analyst Mike Zaremski said in a research note July 31. A phone app tracks driving habits and gives individuals a score and tips, according to Geico’s website.

July 30, 2019

Musk’s Tweets About Tesla Production Raise Questions on SEC Accord

Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.

July 30, 2019

Virginia DOT Outfits Snowplows With Tracking Technology

In preparation for winter weather, the Virginia Department of Transportation has started to equip snowplows with tracking devices throughout the state.

July 30, 2019

Tesla to Pay China $323 Million a Year in Tax for Factory Site

Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric vehicle factory on the outskirts of Shanghai.

July 30, 2019

Uber to Cut About 400 Employees, Citing ‘Mediocre Results’

Uber Technologies Inc. said it’s cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.

July 29, 2019