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Paccar’s New CTO Sees Electrification, Autonomy Transforming Truck Market

WASHINGTON — After years of working with emerging technologies in the automotive sector, Paccar Inc.’s new chief technology officer sees a similar transformation unfolding in the commercial truck market.

July 30, 2021

Elon Musk Denies Talking Apple-Tesla Merger With Tim Cook

Tesla Inc. CEO Elon Musk said July 30 that he never met with Apple Inc. about a potential takeover and slammed the tech giant’s App Store fees, calling them a “global tax on the internet.â€

July 30, 2021

Hyliion to Make Hypertruck ERX Variant Its First to Market

Electrified powertrain provider Hyliion Holdings Corp. announced that a long-range variant of its Hypertruck ERX system will be the first version of the technology it brings to market.

July 30, 2021

Exxon Posts $4.7 Billion in Q2 Profit as Fuel Demand Rebounds

NEW YORK — ExxonMobil swung back to a profit and topped expectations on profit and revenue during the second quarter as demand for fuel recovered from lows reached earlier in the pandemic.

July 30, 2021

Pennsylvania Truckers Object to Proposed Doubling of Registration Fee

Pennsylvania’s transportation funding panel has proposed gas-tax alternative options that include a doubling of vehicle registration fees, which a state trucking leader said would lead to interstate trucking companies registering their trucks in other states.

July 29, 2021

Nikola Founder Trevor Milton Charged With Misleading Investors

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

July 29, 2021

Federal Judge Dismisses Charges Against Former Pilot Flying J Executives

A federal judge on July 28 granted a request by federal prosecutors to dismiss criminal charges against former Pilot Flying J President Mark Hazelwood and two other former company executives, all of whom were scheduled to be retried early next year on charges related to a massive diesel fuel rebate scheme.

July 28, 2021

US Senate Transportation Policymakers Press for Pipeline Security

The leaders of the U.S. Senate’s freight committee called on the Biden administration, congressional colleagues and private industry stakeholders to enhance security operations following the cyberattack on Colonial Pipeline.

July 28, 2021

Federal Prosecutors Seek to Dismiss Charges Against Pilot Flying J Executives

Federal prosecutors have asked a federal judge to dismiss criminal charges against former Pilot Flying J President Mark Hazelwood and two other former company executives, all of whom were scheduled to be retried early next year on charges related to a massive diesel fuel rebate scheme.

July 28, 2021