DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.
July 23, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Diesel Price Sheds 4.7¢ to $3.779 a Gallon
The national average diesel price dipped 4.7 cents to $3.779 a gallon, according to Energy Information Administration data released July 22.
July 22, 2024American Farmers’ Next Hot Commodity Is Canola for Biofuels
A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.
July 22, 2024Shipping Gets Dirtier as Houthi Attacks Fuel Longer Voyages
Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.
July 22, 2024EPA Awards $4.3B to Pollution Reduction Projects in 30 States
WASHINGTON — The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution.
July 22, 2024Stellantis Forks Out $190 Million in US Fuel Economy Fines
Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.
July 19, 2024Truck Maker Hyzon Raises Funds for Working Capital
Hyzon Motors is set to bolster its working capital through an equity sale, the latest move in the hydrogen fuel cell-powered truck maker’s ongoing restructuring, it said July 19.
July 19, 2024Clean Fuels Alliance America to Sue EPA
Clean Fuels Alliance America told the EPA that it will sue over the agency’s delay in establishing 2026 biofuel volumes in its Renewable Fuel Standard program.
July 19, 2024Mercedes-Benz to Install EV Chargers at 100 Starbucks
Starbucks and Mercedes-Benz announced a partnership July 17 to install high-power electric vehicle chargers at 100 Starbucks stores across the U.S.Â
July 19, 2024Senate Transportation Leaders Tout Trump at RNC
Republican members of the Senate panel on freight affairs pledged their support to former President Donald Trump during the party’s national convention ahead of the fall election.
July 18, 2024