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Trucking Touts Win as CARB Drops Clean Fleets Mandate

CARB's decision to back down on a regulatory proposal that would have required trucking companies to gradually add zero-emission vehicles to their fleets was welcomed by industry leaders.

January 16, 2025

Northvolt Gets New Extension to Submit Documents to US Court

Swedish battery maker Northvolt AB has been granted a second deadline extension to file schedules and statements with a bankruptcy court in the U.S., according to a ruling on Jan. 15.

January 16, 2025

Biden Executive Order Aims to Shore Up Cyber Defenses

WASHINGTON — President Joe Biden issued an executive order on Jan. 16 aimed at strengthening the nation’s cybersecurity.

January 16, 2025

Trump Team Readies Oil Sanctions Plan for Russia Deal

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months.

January 16, 2025

BP to Cut 4,700 Jobs Worldwide as Part of Cost-Saving Drive

LONDON — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

January 16, 2025

US to Finalize Billions in Funding for Rivian, Plug Power

The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian Automotive and hydrogen manufacturer Plug Power.

January 16, 2025

Canada Readies Tariffs on $105 Billion of US Products

Canada has drawn up an initial list of C$150 billion of U.S.-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods.

January 15, 2025

Duffy Promises Bold Vision as Trump’s Transportation Nominee

“If confirmed, we will craft clear regulations that balance safety, innovation and cutting-edge technology,” the nominee told senators Jan. 15.

January 15, 2025

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

January 15, 2025