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Hyzon truck

Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.

Pressed by Republican senators, Chavez-DeRemer said she no longer supported the part of the bill that curtailed the ability of workers in unionized workplaces to opt-out of membership.

The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.

WASHINGTON — Senate Republicans on the transportation committee explored strategies for streamlining the federal permitting process for infrastructure projects and mobility corridors.

U.S. retail sales of medium-duty trucks started off the year with a slight uptick compared with January 2024, according to data from Wards Intelligence.

The European Union is ready to discuss cutting tariffs on autos and other goods as it seeks to head off a trade war with the U.S., the bloc’s top trade official said Feb. 19 in Washington.

The busiest trade hub in the U.S. moved more containers last month than in any previous January, as importers rushed to bring in goods before President Donald Trump's potential tariff hikes.

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a campaign pushing the company to sell assets and improve performance.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

NYC congestion

The Trump administration ordered a halt to congestion pricing tolls in New York City, which thin traffic and fund mass transit by making people pay to drive into Manhattan’s core.

Trucks on highway

EPA Takes First Step to Block CARB Clean Trucks Rule

The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules.

Subarus in Yokohama

Japan Broaches Car Tariffs With US as Trump Threatens Hikes

Japan has raised the issue of auto tariffs with the U.S. after President Donald Trump threatened to impose a 25% levy on car imports, a move that would deliver a big blow to Japan’s economy.

Cars in lot

Trump Signals 25% Tariffs on Auto, Tech, Drug Imports

President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

Editor's Picks

Truck ADAS visualization

Receptiveness to safety technologies depends on the specific technology and the understanding of it. Drivers tend to favor road-facing cameras but dislike cameras aimed at them.

Maersk cargo ship

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

Fuel Prices

Week of Feb 17
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diesel
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1.2¢
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gas
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More News

Berth 22 at Port of Jacksonville

The Jacksonville Port Authority has completed half of a $60 million project to increase capacity for vehicle shipments after finishing a project at Blount Island Marine Terminal.

Trucks crossing bridge

The freight market didn’t change much starting the new year with tonnage remaining sequentially the same for January, American Trucking Associations reported.

Fuel tanker at filling station

The national average diesel price crept up 1.2 cents to $3.677 a gallon, according to U.S. Energy Information Administration data Feb. 18.

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