Biden Releases Money in Push to Modernize US Electric Grid
The federal government said April 27 it was making more than $8 billion available to build and improve the nation’s transmission lines as part of its efforts to improve America’s aging electric grid and meet President Joe Biden’s ambitious clean-energy goals.
April 28, 2021Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
N.Y. Bill Orders All-Electric Truck Sales by 2045
ALBANY, N.Y. — The state Senate on April 26 passed a bill that would essentially mandate that all new passenger cars sold in the state run on electric power by 2035 and trucks and other heavy duty vehicles run on electricity by 2045.
April 27, 2021Paccar Reports Surge in Q1 Net Income
Truck maker Paccar Inc. reported a surge in net income and improved revenue in the first quarter as its parts business achieved record revenue and pretax profits amid strong demand and booming e-commerce sales.
April 27, 2021Unpaid Taxes Another Troubling Sign for Lordstown Motors
CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
April 27, 2021Ford to Open Battery Research Lab in Electric Vehicle Push
Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.
April 27, 2021Apple’s $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021Rush Reports Q1 Jump in Net Income, Revenue Flat
Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.
April 27, 2021Plus, Cummins Partner on Self-Driving CNG Trucks
Self-driving truck technology company Plus announced a new initiative with engine manufacturer Cummins Inc. to develop what Plus called the industry’s first driver-in, supervised autonomous trucks powered by natural gas.
April 27, 2021Auto Group Backs Guidelines for Partially Automated Vehicles
DETROIT — The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them.
April 27, 2021Amazon to Pass Walmart in Retail Sales in 2025, Report Says
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.
April 27, 2021