03 Dec Billionaires Investing in China’s Electric Cars Face Shakeout Some of China’s wealthiest tycoons steered billions of dollars into electric car companies to fuel the country’s dreams of becoming a leader in the field. Now a reckoning may be looming as car sales slow and the government reduces subsidies for the nascent industry. Read more...
03 Dec Nikola Battery-Electric Truck Slated for Europe in 2021 Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE. Read more...
03 Dec What Happens to Markets if US Tariffs on China Kick in Dec. 15 President Donald Trump’s latest missives on trade are a wake-up call to markets close to record highs that a major deadline is looming with China. Read more...
03 Dec Yassmin Gramian Will Serve as PennDOT Chief, Gov. Tom Wolf Says Pennsylvania Gov. Tom Wolf announced that Yassmin Gramian will serve as secretary of the Pennsylvania Department of Transportation. Read more...
02 Dec Diesel Inches Up 0.4¢ to $3.07 Per Gallon The U.S. average retail price of diesel rose 0.4 cent to $3.07 a gallon, the Department of Energy reported Dec. 2. Read more...
02 Dec In Trump Era, GOP Cites Partisan Politics at Traditionally Bipartisan Panel Partisan politics have disrupted the once bipartisan atmosphere of the transportation panel in the U.S. House of Representatives, according to Republicans on that committee. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
02 Dec Advantage Reinvests in Capital City Trucking Advantage Capital announced a $3.37 million investment in Richland, Miss.-based Capital City Trucking. Read more...
02 Dec Strick Adds VoMac to Dealer Network Strick Trailers announced VoMac Truck Sales & Services Inc. has joined its dealership network. Read more...
02 Dec Kenworth Ontario Relocates Peterborough Facility Kenworth Ontario-Peterborough has relocated its full-service dealership to a newly constructed facility to enhance customer support, the company announced in a Nov. 25 news release. Read more...
02 Dec Flexport Expands Into Canada With Vancouver Office Flexport, a freight forwarding service, opened an office in Vancouver, British Columbia, as the company expanded into Canada, according to a Flexport blog post. Read more...