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Hyundai Announces $5.5 Billion EV Plant in Georgia

ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.

May 20, 2022

House Passes Fuel Price Gouging Bill

Legislation that aims to expand federal provisions against price gouging in the marketplace for gasoline and other fuels passed in the U.S. House of Representatives on May 19.

May 19, 2022

ATA’s Chris Spear Touts Efforts to Address Parking, Training at Mid-Year Session

SCOTTSDALE, Ariz. — American Trucking Associations President Chris Spear said the group’s recently completed Mid-Year Management Session tackled key issues facing the industry, but stressed that much work remains to address the biggest challenges confronting motor carriers.

May 19, 2022

Gas Price Records Mount as Travel Nears Pre-COVID Norms

Gasoline prices in the U.S. have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.

May 19, 2022

House Panel Approves Water Bill

Legislation that would approve dozens of projects and studies under the purview of the Army Corps of Engineers was advanced by a committee in the U.S. House of Representatives on May 18.

May 19, 2022

Diesel’s High Cost Due to Refining Capacity Shortage, Exports, Experts Say

With record-high diesel and gasoline prices across the country, oil industry analysts told Transport Topics the runaway energy market isn’t being caused exclusively by higher crude prices or the U.S. economy driving demand for petroleum products.

May 19, 2022

California to Join $8 Billion Hydrogen Hub Race

California will seek some of the $8 billion President Joe Biden set aside for building hydrogen production hubs, joining a crowded race among states angling for the money.

May 18, 2022

Supply Chain Woes Threaten Electric Grid

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid, according to a report.

May 18, 2022

Leaders of VTNA, Navistar Stake Out EV Turf

LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport Topics.

May 18, 2022