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Fuel Groups Warn of Price Hikes Without Tax Credit Certainty

More than 30 trade groups across the energy, farming and transport sectors say a lack of U.S. government guidance on tax credits is putting Americans at risk of higher fuel prices.

November 13, 2024

US Port Talks Set to Resume as Trump Role Poses a Wild Card

Dockworkers are set to meet with their employers in New Jersey, resuming negotiations on the key issue of automation that sparked a three-day strike at East and Gulf Coast ports last month.

November 13, 2024

Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million

Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

November 12, 2024

Diesel Price Dips 1.5¢ to $3.521

Diesel prices across the U.S. averaged $3.521 per gallon for the week ending Nov. 11, a 1.5-cent decline from the previous week, according to the U.S. Energy Information Administration.

November 12, 2024

Canada Post Workers Could Strike Ahead of Shopping Season

The upcoming holiday season could be disrupted by a looming strike at Canada’s largest domestic shipping company.

November 12, 2024

Nonprofit to Buy Up to 500 Battery-Electric Drayage Trucks

The first customers are set to be carriers operating at the ports of Los Angeles and Long Beach — the largest two ports in the U.S. by import volume.

November 12, 2024

FHWA Updates Work Zone Safety Regs for First Time in 20 Years

The Federal Highway Administration on Nov. 1 updated its regulation for work zone safety for the first time in 20 years.

November 12, 2024

Fed’s Kashkari Says Only Inflation Could Derail December Cut

Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate in December.

November 12, 2024

Class 8 Truck Sales Once Again Below Year-Ago Levels

U.S. Class 8 retail sales continued the pattern of trending below year-ago levels in October, according to data from Wards Intelligence.

November 12, 2024