Lordstown Motors Corp. plunged the most in five months after the short-seller whose attack on Nikola Corp. led to its founder’s departure turned its sights on the electric truck startup.
March 12, 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..
Tesla Shares Drop After Fire at EV Maker’s California Plant
Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.
March 12, 2021Shell Doubled Oil-Trading Profit to $2.6 Billion Last Year
Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.
March 12, 2021DeJoy Embraces Electric Trucks Despite USPS Contract Award
Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.
March 11, 2021Biden Is Betting His Whole Climate Agenda on Infrastructure
Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of COVID-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President Biden signed into law March 11, however, does little in the way of fulfilling that pledge.
March 11, 2021LG to Invest $4.5 Billion to Expand Battery Capacity in US
LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.
March 11, 2021Trucking Industry Making Strides Toward Electrification
Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.
March 11, 2021Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.
March 11, 2021Oshkosh Acknowledged Weakness on EVs Before Win in Postal Deal
Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.
March 10, 2021Biden Executive Order Calls on Agencies to Prioritize 'Environmental Justice'
A sweeping executive order from President Joe Biden calls for a review of all Trump-era environmental regulations with a focus on the issue of “environmental justice,” an effort to cut greenhouse gas emissions in low-income and minority communities across the United States that, in many cases, are located near where heavy trucks operate.
March 9, 2021