DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large.
August 9, 2022Latest Articles
Government, Business, Technology 
Biden Signs $280 Billion CHIPS Act in Bid to Boost US Over China
WASHINGTON — President Joe Biden signed a $280 billion bipartisan bill Aug. 9 to boost domestic high-tech manufacturing.
August 9, 2022 Government, Business, Technology, Fuel 
Portland City Council to Vote on Phasing Out Diesel Sales
Gradually phasing out diesel fuel sales in Portland, Ore., is among 43 climate change actions before the City Council’s second public hearing and vote slated for Aug. 24.
August 9, 2022 Government, Business 
Productivity Falls for a Second Quarter
Productivity slumped for a second straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal Reserve’s efforts to tame price increases.
August 9, 2022 Business, Logistics, Global Freight 
Shipping Container Lines Set to Smash Year-Old Profit Record
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
August 9, 2022 Business, Technology, Safety 
Elite Truckers to Meet in Indianapolis for National Truck Driving Championships
Heading into its 85th anniversary after a two-year hiatus, the National Truck Driving Championships return with a high level of excitement and a slate of competitors ready to once again showcase their skills behind the wheel.
August 8, 2022 Government, Fuel 
Diesel Drops Below $5 for First Time Since March
The national average price of diesel dropped to less than $5 a gallon for the first time since March, falling 14.5 cents to settle at $4.993, according to Energy Information Administration data released Aug. 8.
August 8, 2022 Government, Business, Logistics 
US Retail Cargo Seen Cooling in Second Half as Inflation, Rates Bite
U.S. ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest rate increases and persistent inflation.
August 8, 2022 Safety 
Maryland’s Joyce Bain on NTDC: ‘I Go to Win’
In June, Joyce Bain set out to win Maryland’s truck safety tournament. And, by relying on consistency and mental toughness, she did just that. Up next is nationals in Indianapolis.
August 8, 2022 Business, Technology, Equipment 
Bridgestone, Microsoft Collaborate on Tire Analytics
Bridgestone Corp. is renewing its collaboration with Microsoft to accelerate advanced tire analytics integration, the company announced Aug. 4.
August 8, 2022 Crossword 
Crossword Puzzle Solution for August 8, 2022
Here's the solution to the crossword puzzle found in the August 8, 2022 print edition.
August 8, 2022 Business, Logistics 
New Louisiana Port Project Looks to Expand Intermodal to DFW Area
Developers and port officials in Dallas County, Texas, are talking with leaders building the new Plaquemines Port Harbor and Terminal District/Louisiana Gateway Project to expand the reach of the budding Gulf of Mexico facility.
August 8, 2022 Business, Technology, Equipment 
Cummins Supplies Most Class 8 Engines in First Half
In the first half of 2022 independent engine maker Cummins Inc. supplied a leading 47,713 Class 8 diesel engines, or 35.5% of the 134,373 used, Wards Intelligence reported.
August 8, 2022 Business, Technology, Equipment, Fuel 
Lightning eMotors Sees Specialty CEVs as Next Frontier
Medium-duty electric commercial vehicles from box trucks to specialty applications are anticipated to play a large role as regulators and businesses turn to axing greenhouse gas and carbon emissions in the years ahead.
August 8, 2022 Government, Business, Safety, Logistics 
Oregon Eyes Tolling Portland Region’s Interstates
Oregon is asking for public input on a congestion pricing plan to impose tolls on all lanes of Portland’s two interstates that would result in commercial trucks paying higher rates than passenger vehicles.
August 8, 2022 Government, Business, Logistics, TCA 
STB Says ‘Train Noise’ Would Be Only Negative Impact of CP-KCS Merger
The Surface Transportation Board’s Office of Environmental Analysis determined the only potential adverse impacts of Canadian Pacific’s proposed merger with Kansas City Southern would be train noise, according to the STB’s Draft Environmental Impact Statement released Aug. 5.
August 8, 2022 Business, Logistics, For-Hire, Top 100 
XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change
XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company.
August 5, 2022 Business, Technology, Equipment 
Nikola Reports $18.1 Million Revenue
Nikola Corp. reported its first meaningful revenue and said it’s on track to deliver as many as 500 electric big rigs to customers this year.
August 5, 2022 Business, Technology, Equipment 
CVG Q2 Results Slide
Diversified supplier Commercial Vehicle Group Inc. reported second-quarter net income and revenue fell, and new pricing began in July.
August 5, 2022 Government, Business, Technology, Safety 
NHTSA Probes Tesla Crashes That Killed Two Motorcyclists
DETROIT — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
August 5, 2022