Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.
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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.
Manufacturing Contracts in December for Second Straight Month
U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.
January 4, 2023Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services
Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4.
January 4, 2023Rural Freight Corridors Among $273.9 Million in Grant Funding
The U.S. Department of Transportation has awarded $273.9 million to 12 projects that are designed to improve safety and freight movement on rural roadways in several states.
December 29, 2022Texas Schools Awarded Grants for Trucking Vocations
Educational grants for careers as truck drivers and diesel mechanics are among $54 million in awards by the Texas Workforce Commission to schools to buy equipment and expand job options for students.
December 29, 2022New Pocket Guide Includes Key Transportation Metrics
A 72-page “Pocket Guide to Transportation 2023” from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.
December 28, 2022DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.
December 28, 2022Toyota Hits Record November Output, but Shortages Loom
Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.
December 28, 2022Shipping Insurers Back Off of Russia-Ukraine Trade
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.
December 28, 2022VTNA Adds Young Trucks to EV Dealer Network
Volvo Trucks North America announced it expanded its network of certified electric vehicle dealers into Ohio. Young Trucks, a fourth-generation, family-owned dealership, recently completed the required training and certification program.
December 28, 2022