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Business, Technology, Fuel, Autonomous

Startup Autonomy Orders 22,790 EVs to Form Subscription Fleet

Teslas in a parking lot after arriving at a port in Yokohama, Japan.

Tesla, GM, Volkswagen and Ford are among the automakers set to get big orders from Autonomy, a startup offering drivers the option of subscribing to an electric vehicle instead of buying one outright.

Dana Hull | Bloomberg News
August 9, 2022
Government, Business, Fuel, Logistics

Georgia Extends Fuel Tax Suspension Through Sept. 12


State taxes on diesel and gasoline in Georgia will continue to be suspended through Sept. 12 after Gov. Brian Kemp extended an expiring executive order issued earlier this year.

Noël Fletcher | Staff Reporter
August 9, 2022
Government, Business, Technology

Micron’s Warning Adds to Evidence of Collapsing Demand for Chips

Micron Technology headquarters in Boise, Idaho

Micron Technology Inc., the leading U.S. maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won’t meet projections, sending industry stocks tumbling.

August 9, 2022
Government, Business, Fuel

Most EVs Won’t Qualify for Federal Tax Credit

A Volkswagen Cooper electric vehicle

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.

Tom Krisher | Associated Press
August 9, 2022
Government, Business, Technology

Biden Signs $280 Billion CHIPS Act in Bid to Boost US Over China

Biden signs the CHIPS and Science Act

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

Portland, Ore., skyline

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.

Noël Fletcher | Staff Reporter
August 9, 2022
Government, Business

Productivity Falls for a Second Quarter

Cummins plant

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.

Reade Pickert | Bloomberg News
August 9, 2022
Business, Logistics, Global Freight

Shipping Container Lines Set to Smash Year-Old Profit Record

Maersk ship

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.

Brendan Murray | Bloomberg News
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.

Eugene Mulero | Senior Reporter
August 8, 2022
Government, Fuel

Diesel Drops Below $5 for First Time Since March

Fuel pumps at a filling station

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

New York/New Jersey

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.

Augusta Saraiva | Bloomberg News
August 8, 2022

Maryland’s Joyce Bain on NTDC: ‘I Go to Win’

Maryland state truck driving champion Joyce Bain of FedEx Ground

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.

Eugene Mulero | Senior Reporter
August 8, 2022
Business, Technology, Equipment

Bridgestone, Microsoft Collaborate on Tire Analytics

Bridgestone exhibit

Bridgestone Corp. is renewing its collaboration with Microsoft to accelerate advanced tire analytics integration, the company announced Aug. 4.

August 8, 2022

Crossword Puzzle Solution for August 8, 2022

Crossword solution

Here's the solution to the crossword puzzle found in the August 8, 2022 print edition.

Dan Ronan | Senior Reporter
August 8, 2022
Business, Logistics

New Louisiana Port Project Looks to Expand Intermodal to DFW Area

Oil tanker sailing from Plaquemines Port

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.

Dan Ronan | Senior Reporter
August 8, 2022
Business, Technology, Equipment

Cummins Supplies Most Class 8 Engines in First Half

Cummins engines

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.

Roger Gilroy | Senior Reporter
August 8, 2022
Business, Technology, Equipment, Fuel

Lightning eMotors Sees Specialty CEVs as Next Frontier

Lightning eMotors mobile charger

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.

Roger Gilroy | Senior Reporter
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.

Noël Fletcher | Staff Reporter
August 8, 2022
Government, Business, Logistics, TCA

STB Says ‘Train Noise’ Would Be Only Negative Impact of CP-KCS Merger

KCS-CP trains

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.

Thomas Lott | Laredo Morning Times, Texas
August 8, 2022
Business, Logistics, For-Hire, Top 100

XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change

XPO Logistics building

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.

Dan Ronan | Senior Reporter
August 5, 2022