$264 Million Offered for Gulf Oil Under Climate Compromise
NEW ORLEANS — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on March 29 in a sale mandated by last year’s climate bill compromise.
Electric Truck Market Considers Infrastructure Reality
Electric truck market growth is poised to accelerate even as infrastructure constraints hinder that trajectory, according to experts.
Elon Musk, Scientists Call for Pause in AI Race
Artificial intelligence experts and industry leaders, including Tesla CEO Elon Musk, are calling on developers to hit the pause button on training powerful AI models.
RXO Opens New Cross-Border Facility in Texas
RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.
Solar Roofs Are Being Used to Power EVs
The immediate future of solar-powered vehicles is becoming clear: smaller, lighter, cheaper systems built to subtly augment electric driving, rather than power it in full.
New California Gas Price Law Another Defeat for Oil Industry
California Gov. Gavin Newsom signed a new law that gives state regulators the power to penalize oil companies for making too much money, the first of its kind in the country.
Florida Ramps Up Number of CDL Schools
Florida is now able to train 3,500 truck drivers yearly due to its funding of workforce training as the state approved six new third-party FleetForce truck driving schools.
EV Startup Lucid to Cut 1,300 Jobs, 18% of Its Workforce
Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the electric vehicle startup looks to cut costs in its second full year of production.
ATA’s Spear Highlights Young Trucker Program at House Hearing
WASHINGTON — Enhancing recruitment and retention efforts across the trucking industry will benefit the connectivity of the country’s supply chain, American Trucking Association
EV Charging Kicks Off Its Own Industry Trade Show
The electric vehicle charging industry will join Southern Nevada’s robust convention schedule with the inaugural EV Charging Summit and Expo on March 29.