Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.
December 20, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Walmart Joins Growing List of Firms Scaling Back Climate Goals
Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.
December 20, 2024Trump to EU: Buy More US Gas or Prepare for Tariffs
Trump said on Truth Social that if the European Union does not up its imports, "it is TARIFFS all the way!!!"Â The U.S. goods and services trade deficit with the EU was $131.3 billion in 2022.
December 20, 2024Biden Enacts National Defense Authorization Act
President Joe Biden recently signed into law Congress’ annual defense policy bill, which includes trucking-centric provisions.
December 19, 2024Trump Faces Setback as House Nixes Spending Plan
The bill failed by a vote of 235 to 174, with 38 Republicans voting against it in defiance of both Trump and Musk. Nearly all Democrats voted against the spending package.
December 19, 2024Court to Rule on TuSimple Governance, Cash Pile Fate in Q1
The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.
December 19, 2024Amazon Workers Strike at Seven Facilities Nationwide
The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.
December 19, 2024Congress Clears TSA Clearance Bill for Truckers
Legislation designed to facilitate commercial drivers’ applications for security credentials was recently cleared by Congress for President Joe Biden’s desk.
December 19, 2024Biden’s Climate Goal Seeks 60% Emissions Cut by 2035
Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.
December 19, 2024Trucking Grapples With Economy, Lawsuits, EV Rules in 2024
In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.
December 19, 2024