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General Motors and South Korea’s Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said April 25.

The Equipment Leasing & Finance Foundation found overall confidence in the equipment finance market has decreased month-over-month, the foundation announced April 20.

Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.

Kansas will be able to train more diesel technicians with a new $1.2 million grant from the U.S. Department of Commerce’s Economic Development Administration.

Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

On an extended cut of the RoadSigns Podcast , TT’s Michael Freeze spoke with Obermeyer about some of the major challenges facing the trucking industry, his experience as TMC chair, and his hopes for the future of TMC. Download the full story. 

After nearly a year of negotiations, the International Longshore and Warehouse Union and port management’s Pacific Maritime Association have reached a tentative agreement on what the union described as certain “key issues.”