Opposition grows to speedy electric truck transition

The Advanced Clean Transportation Expo, a generally upbeat event for battery electric, hydrogen and other emission-friendly technologies, takes place next week in Las Vegas amid a growing and widespread backlash to the regulation-driven transition to electric trucks.

Nearly every stakeholder — from the trucking industry and driver organizations to state attorneys general — is weighing in with dire estimates of crippling costs to a cyclical industry. Ryder System Inc. is the latest, dissecting...

https://www.freightwaves.com/news/opposition-grows-to-speedy-electric-truck-transition

Biden’s electric truck effort grilled on Capitol Hill

WASHINGTON — Lawmakers officially kicked off efforts to mitigate — if not derail — the Biden administration’s latest push to electrify the trucking industry during a hearing on Capitol Hill designed to spotlight challenges to powering up an electric grid capable of meeting the zero-emission timeline unveiled by federal regulators in late March.

The hearing before the House Transportation and Infrastructure Committee’s highway subcommittee on Tuesday prefaced a Congressional Review Act joint...

https://www.freightwaves.com/news/bidens-electric-truck-effort-grilled-on-capitol-hill

CMA CGM partners with automobile giants on electric van venture

CMA CGM Group announced its participation as a founding member of the innovative electric van venture, Flexis SAS, alongside Renault Group and Volvo.

The partnership unveiled on 22 March marks a significant step towards sustainable transportation solutions.

Through its energy investment fund, PULSE, CMA CGM has secured a 10% ownership stake in Flexis SAS. Additionally, the company expresses keen interest in making strategic investments of up to US$130 million by 2026.

Established by Rodolphe Saadé...

https://container-news.com/cma-cgm-partners-with-automobile-giants-on-electric-van-venture/

Will natural gas payback beat EV adoption?

The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption.

But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First is methane leakage from the source of the RNG. Methane escaping into the atmosphere is a huge contributor to planet-warming greenhouse gas.

Second, and most...

https://www.freightwaves.com/news/will-natural-gas-payback-beat-ev-adoption

Aurora’s driverless trucks show they are for real

After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle up, hear the engine rumble to life and the air brakes disengage, and feel the truck move under its own power — with no one in the driver’s seat.

While two of three Americans still fear autonomous vehicles, according to AAA’s latest survey released Thursday, my three-quarter-mile ride around an Aurora test facility...

https://www.freightwaves.com/news/auroras-driverless-trucks-show-they-are-for-real

SEC smackdown and SuperTruck news overwhelm convention dispatches  

The annual Work Truck Week and American Trucking Associations Maintenance & Technology Council pile on stakeholder-specific dispatches each March. But this week bigger stories originated outside the convention halls in Indianapolis and New Orleans.

The Securities and Exchange Commission in Washington is as good a starting point as any.

Lordstown Motors gets an SEC comeuppance

Nearly three years after Hindenberg Research set its sights on Lordstown Motors Corp., accusing the former special purpose...

https://www.freightwaves.com/news/sec-smackdown-and-supertruck-news-overwhelm-convention-dispatches

The Whac-A-Mole reality of autonomous trucking regulations

If you thought last year’s veto of a Teamsters-backed ban on heavy-duty autonomous trucking in California put the issue to rest, think again. While 23 states allow at least testing of driverless trucking, emerging challenges resemble the arcade game Whac-A-Mole.

Early-stage commercialized driverless trucking on Interstate 45 in Texas looks likely later this year. The state embraced the technology in 2017. Yet a move to stop driver-out operations percolated in the Texas Legislature last year.

“That...

https://www.freightwaves.com/news/the-whac-a-mole-reality-of-autonomous-trucking-regulations

Volvo Group reports strong Q4 results but caution for 2024

Sweden’s Volvo Group reported a 10% increase in fourth-quarter sales and mostly positive financial metrics for Q4 and 2023. But the truck, bus and construction equipment maker suggested softening sales this year as pent-up pandemic demand has largely been met.

Volvo posted net income of $1.16 billion, or 59 cents per diluted share, in the final three months of 2023, up 80.6% compared with $641.4 million, or 31 cents, in the same period a year earlier.

For the full year 2023, Volvo increased net...

https://www.freightwaves.com/news/volvo-group-reports-strong-q4-results-but-caution-for-2024

Hydrogen rises at CES

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In an event ruled by battery-electric trucks, hydrogen made a splash at the Advanced Clean...

https://www.freightwaves.com/news/hydrogen-rises-at-ces

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