Nikola Corp. announced a collaboration with PGT Trucking Inc. that includes a letter of intent from the flatbed carrier to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles following the satisfactory completion of a Nikola Tre FCEV demonstration program.
October 15, 2021Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Resilient Shoppers Push Retail Sales Up 0.7% in September
NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
October 15, 2021Dems Scrutinize Abandoned Offshore Oil Equipment
House Democrats began making the case Oct. 14 for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following one of the biggest offshore spills in California in nearly 30 years.
October 14, 2021Cummins to Add 15-Liter Natural Gas Engine to Lineup
Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.
October 14, 2021Ford Exits Rivian Board Ahead of Startup’s IPO
Ford Motor Co. has vacated its seat on the board of Rivian Automotive Inc. as the electric truck startup prepares to go public with an expected valuation of $80 billion.
October 13, 2021Biden Aides Meet on Rising Fuel Prices
Top administration officials met the evening of Oct. 12 to discuss rising gasoline and natural gas prices, as President Joe Biden faces intensifying pressure to keep a lid on inflation that threatens the economic recovery and Democrats’ political ambitions.
October 13, 2021Diesel Surges 10.9¢ to $3.586 a Gallon
The national average price for diesel surged 10.9 cents to $3.586 a gallon, according to Energy Information Administration data released Oct. 11.
October 12, 2021Lucid Says Air Sedan Will Be First US Car to Use Lidar
Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.
October 12, 2021GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs
General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.
October 12, 2021Stellantis to Turn Turin Factory Into Electric Car Hub
Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.
October 12, 2021