17 Mar ATRI Report: National VMT System a Costly, Complex Proposition The administrative costs of a national vehicle-miles-traveled fee system represent a more complicated picture than the costs associated with financing mechanisms such as the federal fuel tax, according to a recent analysis from the American Transportation Research Institute. Read more...
16 Mar Intel, Ford Urge Tax Benefits for Chips, US Manufacturing Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16. Read more...
16 Mar Department of Labor Proposes Withdrawal of Its Independent Contractor Rule The U.S. Department of Labor has proposed withdrawing a rule adopted in the waning days of the Trump administration that was generally perceived to be favorable to motor carriers’ use of independent contractors. Read more...
16 Mar IMC Cos. Acquires Empire Truck Lines IMC Cos. announced it acquired Empire Truck Lines, a container drayage company, effective March 12. Read more...
16 Mar Senate Set to Consider More Biden Nominees Senators plan to consider nominees for top posts in the Biden administration as early as this month. Read more...
16 Mar McConnell Rules Out GOP Support for Tax Hikes to Pay for Infrastructure Senate Minority Leader Mitch McConnell said there was no chance that Republicans would back any tax increases to pay for President Joe Biden’s infrastructure plan, leaving Democrats to try to force through a package on their own. Read more...
16 Mar Hino Turns to Cummins Diesel Engines for US, Canada Hino Trucks announced it intends to produce model year 2022 Classes 6-8 trucks for the United States and Canada equipped exclusively with diesel engines from Cummins Inc. Read more...
16 Mar VW Shares Soar on Plans to Beat Tesla Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader. Read more...
16 Mar Navistar Launches Aftermarket Line for Classes 2-5 Diesel Engines Navistar International Corp. introduced aftermarket product line Diamond Advantage to provide parts for Class 2-5 diesel engines and engine components. Read more...
16 Mar Wisconsin DOT Issues Funds to Support County Forest Roads The Wisconsin Department of Transportation recently distributed funds to improve public roads that run through county forests. Read more...