WASHINGTON — President Joe Biden on June 22 called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.
June 22, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
How Trucking’s Adoption of Telematics Has Forever Changed Fleet Management
New developments in fleet monitoring and telecommunications during the past few decades have significantly altered how fleets track and manage their drivers and mobile assets.
June 21, 2022FedEx Takes Delivery of 150 BrightDrop EVs
FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.
June 21, 2022California Democrats to Investigate Cause of High Gas Prices
SACRAMENTO, Calif. — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on June 20 announced they would investigate oil companies they say are “abusing a historic situation to suck profits from Californians’ wallets.â€
June 21, 2022Tesla Co-Founder Partners With Toyota to Recycle Car Batteries
Toyota Motor Corp. is tying up with Redwood Materials Inc., a battery recycling company created by Tesla Inc. co-founder J.B. Straubel, to collect and repurpose cells from some of the earliest battery-powered vehicles.
June 21, 2022US Sanctions Help China Supercharge Its Chipmaking Industry
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.
June 21, 2022Perspective: Repeal FET to Boost Green Buying
A question to ask the decision-makers in Washington: If the goal is to get more cleaner, greener trucks on the road, why does the federal government keep the 12% federal excise tax on the sale of a new truck?
June 21, 2022VTNA Adds Its First EV Dealership in Tennessee
Volvo Trucks North America announced Nacarato Truck Centers, a third-generation family-run dealership group, completed the required training and facility updates to become its first certified electric vehicle dealership in Tennessee at its La Vergne location, servicing the greater Nashville market.
June 17, 2022Parts for Trucks Announces Expansion Strategies
Vipar Heavy Duty founding stockholder Parts for Trucks Inc. announced it partnered with private equity firm SeaFort Capital to accelerate growth strategies.
June 17, 2022Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022