XPO’s Mario Harik Touts Strong Q4, Full-Year Performance
XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.
February 9, 2023FHWA to Start Funding Program to Lower Truck Emissions at Ports
The Federal Highway Administration soon will open fiscal 2022-2023 grant applications for its new Reduction of Truck Emissions at Port Facilities program, according to a Feb. 8 announcement by the Department of Transportation.
February 9, 2023Republican Policymakers Spotlight Autonomous Vehicles’ Benefits
Approving a regulatory framework for autonomous vehicles would facilitate the technology’s adoption throughout the national transportation landscape, top Republicans on a U.S. House committee indicated this month.
February 9, 2023Tracking Trucking's Top Bottlenecks
American Transportation Research Institute (ATRI) recently released the 2023 Top Truck Bottleneck List with Fort Lee, NJ claiming the top spot for the fifth year in a row. The in-depth analysis provides vital insight into truck-involved congestion points, highway traffic trends, and infrastructure investment opportunities. How much has the list changed since last year? How can this research be used to further conversations on funding and regional regulations? Rebecca Brewster, President and Chief Operating Officer of ATRI, joins Dan Ronan to help breakdown the top highway bottlenecks and discuss opportunities to address supply chain challenges.
February 9, 2023DOE Encourages 33 Regional Hydrogen Hubs to Compete in Final Funding Phase
The Department of Energy advised proposed consortiums backed by states and others competing for a share of $7 billion in federal funds for their regional hydrogen hubs to get their permits, cost projections and community outreach plans in order.
February 8, 2023Electric, Autonomous Trucks Hold Promise, Executives Say
LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
February 8, 2023Another $237 Million for Honda Battery Plant Project in Ohio
COLUMBUS, Ohio — Ohio’s privatized economic development office has finalized an agreement with Honda to infuse $237 million into development of a massive battery plant project that the Japanese automaker plans to use to transform the state into its North American electric vehicle hub.
February 8, 2023Illinois Supreme Court Extends Statute of Limitations for Biometric Lawsuits
The Illinois Supreme Court has issued a decision that strengthens the state’s Biometric Information Privacy Act — one of the nation’s strictest laws regulating the collection and storage of biometrics.
February 7, 2023VinFast Cuts About 80 Jobs in North America, Including US CFO
Electric vehicle maker VinFast has cut about 80 jobs in North America, including its U.S. chief financial officer, raising questions about the health of the Vietnamese company ahead of a possible stock listing.
February 7, 2023Senators Introduce Catalytic Converter Theft Bill
Legislation aimed at reducing the theft of catalytic converters was introduced in the U.S. Senate this month.
February 6, 2023