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California Awards Tax Credits for Port, Hydrogen Projects

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

May 5, 2025

Uncertainty Dominates Pre-Buy Discussions Ahead of 2027

The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.

May 9, 2025

Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin

Freight Technologies of Houston announced it will hold President Donald Trump’s memecoin as a treasury asset, fueling its blistering stock rally.

May 5, 2025

OPEC+ Throws ‘Bombshell to the Oil Market’

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging.

May 5, 2025

Congestion Pricing Fight With DOT at Impasse, New York Says

New York is poised to seek an immediate court order in its lawsuit to protect its congestion pricing program from the Trump administration's push to shut it down.

May 2, 2025

US Won’t Move Forward With Billions in Biden-Era Energy Loans

Energy Secretary Chris Wright said DOE doesn’t plan to move forward with billions of dollars' worth of Biden-era loans as the Trump administration reviews DOE's $400 billion green bank.

May 2, 2025

New $270M JFK Airport Cargo Center to Lower Truck Congestion

The Port Authority of New York and New Jersey opened a $270 million consolidated cargo handling center at JFK airport to lessen truck congestion and boost high-value cargo handling.

May 2, 2025

China Says It’s Evaluating US Overtures for Trade Talks

China’s Commerce Ministry said May 2 that Beijing is evaluating multiple approaches by the Trump administration for trade talks, but steep tariffs imposed by Washington must go.

May 2, 2025

GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil

A General Motors assembly plant in Canada that makes pickup trucks mostly for export to the U.S. will cut down to two shifts from three because of the “evolving trade environment.â€

May 2, 2025