Nuclear verdicts can be detrimental to motor carriers and their insurance rates, but carriers can mitigate risk by utilizing technology, documenting and sharing safety efforts, and taking advantage of the first 24 hours if a claim occurs.
August 15, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Average Gasoline Price Falls 45 Cents to $4.10 per Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.
August 15, 2022Congress OKs Dems’ Climate, Health Bill
WASHINGTON — A divided Congress gave final approval Aug. 12 to Democrats’ flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their hold on Congress in November’s elections.
August 12, 2022NHTSA Administrator Steven Cliff Leaves for CARB
Steven Cliff, the head of the National Highway Traffic Safety Administration, is stepping down from his post for a leadership role at the California Air Resources Board.
August 12, 2022USPS to Hike Prices in October for ‘Peak Holiday Season’
The U.S. Postal Service announced it intends to hike prices in October for holiday shipping.
August 12, 2022Battery Giants, Hyundai Concerned by US Moves on China Supplies
South Korea’s biggest electric car batterymakers and Hyundai Motor Co. have expressed concern over new U.S. legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials.
August 12, 2022Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant
Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co. Ltd. in building a battery factory in Hungary with an investment of as much as $7.6 billion.
August 12, 2022Tesla, Nikola Race for Up to $40,000 Incentives
The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.
August 12, 2022DOT Awards $2.2 Billion for Infrastructure Projects
Reducing truck waiting times at ports was a recurrent objective among some of the 166 projects awarded $2.2 billion in infrastructure grants announced by the U.S. Department of Transportation.
August 11, 2022Pennsylvania Experts, Lawmakers Ponder AV Safety Regulations
When it comes to autonomous vehicles, there isn’t just one way to go about safety. State regulators draft legislation. Independent firms create recommendations. Individual companies devise their own protocols. Stakeholders can agree on one thing: Safety is important.
August 11, 2022