Tesla Split Will Struggle to Feed $280 Billion Rally
After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.
August 25, 2022Louisiana Nabs $86.6 Million Loan for Highway Interchange
Louisiana has qualified for an $86.6 million loan from the U.S. Department of Transportation to fund an interchange at U.S. Highway 90 and Louisiana Highway 3073 as part of a future Interstate 49 South corridor project.
August 25, 2022Lawmakers Tout Legislative Wins Ahead of Fall Agenda
Heading out of summer recess, congressional Democrats and senior White House officials are spotlighting a batch of legislative achievements in the run-up toward midterm elections this fall.
August 25, 2022Stakeholders See Opportunity in IRA Clean Truck Measures
Trucking stakeholders see early potential for the industry in clean-air provisions included in the Inflation Reduction Act — mostly as it relates to boosting adoption of zero-emission trucks — but success hinges on how those aspects of the law are ultimately implemented.
August 25, 2022Biden Signs Order to Fast-Track CHIPS Law Implementation
President Joe Biden signed an executive order Aug. 25 to fast-track implementation of a law aimed at boosting domestic semiconductor manufacturing and helping the U.S. compete with China’s dominance in the industry.
August 25, 2022EMA Drops Lawsuit Challenging CARB Rule
The Truck and Engine Manufacturers Association has withdrawn its lawsuit alleging that California environmental regulators did not give truck manufacturers enough lead time to meet the state’s new, more rigid emission standards.
August 25, 2022Arrival Set Out to Beat Google, Got Stuck at the Starting Line
When Arrival, the primarily U.K.-based electric van and bus maker, was preparing to go public via a blank-check deal early last year, its ambition seemingly knew no bounds.
August 25, 2022Walmart Drone Delivery Service DroneUp Expands
DroneUp, the sole drone partner of Walmart, announced plans to expand its headquarters and establish a research and training facility outside Petersburg, Va., creating 655 new jobs.
August 24, 2022Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
August 24, 2022Daimler, Waymo Partner on Autonomous Test in Texas
Waymo will soon begin on-highway testing of self-driving Freightliner Cascadia models equipped with redundant systems and components designed to eventually support unmanned operation.
August 24, 2022