Fuel Tanker Demand Booming as More Oil Is Refined
The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships to haul fuel around the glo
Nikola Announces Secondary Stock Offering
Nikola Corp. plans to raise $100 million from a secondary stock offering to the public at $1.12 per share, the company announced March 30.
Iowa Gov. Kim Reynolds Signs Law Expanding CDL Testing
Iowa is making it easier for people to enter trucking careers with a new law expanding third-party testers for commercial driver licenses.
EPA OKs California Rules Phasing Out New Diesel Trucks
The Biden administration cleared the way for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming
Many Electric Vehicles to Lose Big Tax Credit With New Rules
WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.
Driver Recruiting & Retention Annual Report
Conversion Interactive Agency and PDA recently released their 2022 Driver Recruiting & Retention Annual Report. The report is full of data, trends, and insights to bolster carr
Justice Department Sues Norfolk Southern Over Derailment
The federal government filed a lawsuit against railroad Norfolk Southern over environmental damage caused by a train derailment that spilled hazardous chemicals into creeks and riv
Key Inflation Gauge Slowed in February
WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest
February Used Class 8 Sales Down 20% Year-Over-Year
Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.
Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominan