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Trump Considers Revoking EV Tax Credit

President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla. 

November 18, 2024

Trump Team Is Seeking to Ease Rules for Self-Driving Cars

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

November 18, 2024

LaserShip Inks $300 Million Debt Restructuring Deal

American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.

November 18, 2024

Northvolt Rescue on Verge of Unraveling as Cash Runs Short

Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.

November 15, 2024

Uber Freight Launches Capacity-as-a-Service Platform

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

November 15, 2024

SmithCo Develops Kingpin Housing for Side-Dump Trailers

SmithCo Inc. has developed a patent-pending kingpin housing for its side-dump trailers that’s intended to improve durability and reduce maintenance costs.

November 15, 2024

J.B. Hunt Promotes Trio of Executives

J.B. Hunt Transport Services recently announced a series of executive appointments.

November 15, 2024

Mack to Launch New Flagship Semi in 2025

Whether the tractor will be an update of Mack’s existing on-highway flagship, the Anthem, or a new model altogether is unclear.

November 15, 2024

Biden to Stand Fast on LNG-Permit Halt, Energy Chief Signals

The Biden administration won’t decide on any natural gas-export permits before the presidential term ends in late January, Energy Secretary Jennifer Granholm signaled.

November 15, 2024