26 Feb Dana Taps Byron Foster as Chief Commercial Officer Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer. Read more...
26 Feb Nikola Falls After Paring Output Goals for Debut Electric Trucks Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network. Read more...
25 Feb Biden Orders USDOT to Review Supply Chain President Joe Biden has directed the Department of Transportation to conduct a review of the nation’s supply chain in the wake of challenges that arose during the earlier days of the coronavirus pandemic. Read more...
25 Feb Maryland DOT Selects Developer for Major P3 The Maryland Department of Transportation has selected Accelerate Maryland Partners to serve as the developer for a major public-private partnership to improve traffic congestion. Read more...
25 Feb UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators. Read more...
25 Feb Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution. Read more...
25 Feb January Sales Indicate Used Truck Market Is Poised to Grow The average used Class 8 vehicle in January had higher mileage and sold for a little less than a year earlier, ACT Research reported, calling it an inkling of all the freight there was to haul in the second half of 2020. Read more...
25 Feb Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35. Read more...
25 Feb Orders for US Durable Goods Climb 3.4% in January Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. A category that tracks business investment posted a more modest gain, the Commerce Department reported Feb. 25. Read more...
25 Feb Safety Is a Priority for Policymakers Pursuing Highway Bill Transportation policymakers in Congress aiming to produce comprehensive highway legislation this year pledged to boost safety policies across the mobility grid. Read more...