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Stakeholders See Opportunity in IRA Clean Truck Measures

Trucking stakeholders see early potential for the industry in clean-air provisions included in the Inflation Reduction Act — mostly as it relates to boosting adoption of zero-emission trucks — but success hinges on how those aspects of the law are ultimately implemented.

August 25, 2022

Toyota Backs Down in Fight Against California Emission Rules

Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.

August 23, 2022

Inflation Reduction Act Offers Incentives to Increase Electric Truck Adoptions

For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.

August 23, 2022

Gas Prices Fall for 70 Straight Days

Gasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.

August 23, 2022

Regional Variance Produces Tiny Drop in Diesel’s National Average

The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.

August 22, 2022

New York Turns to Ships to Head Off Gas Shortage

New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.

August 22, 2022

VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada

Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.

August 22, 2022

Minnesota Governor Extends Driving Hours for Fuel Transportation

With lower fuel inventories and harvest season expected to increase demand, Minnesota’s governor extended for another month an order enabling more driving hours to transport fuel.

August 18, 2022

Retail Sales Were Flat in July

WASHINGTON — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.

August 17, 2022