zero emissions vehicles

Workhorse sues Postal Service over delivery truck contract

Workhorse Group [NASDAQ: WKHS] has sued the U.S. Postal Service over the government agency’s awarding of a piece of its $6.8 billion delivery truck contract to Oshkosh Corp. [NYSE: OSK], a move Workhorse had been considering since the award was announced in February.

Workhorse’s bid protest was filed under seal in the U.S. Court of Federal Claims on Wednesday, but a public version redacting confidential and proprietary information could be filed in the coming weeks.

Workhorse posted a statement...

https://www.freightwaves.com/news/workhorse-sues-postal-service-over-delivery-truck-contract

Buttigieg punts on ‘rethinking’ Postal Service truck contract

Secretary of Transportation Pete Buttigieg would not commit to “rethinking” a long-term contract recently awarded by the U.S. Postal Service for its new mail trucks, even though the contract does not quite align with the Biden administration’s zero-emission vehicle goals.

Asked about doing so by the news organization Axios during a virtual news conference on Friday, Buttigieg acknowledged that the federal government should “walk the talk” when it comes to transitioning to electric vehicles (EVs)...

https://www.freightwaves.com/news/buttigieg-punts-on-rethinking-postal-service-truck-contract

Alleviating cost fears in Biden’s electric-truck push

As the Biden administration attempts a hard turn toward electrifying transportation, small, independent owner-operators — who represent the vast majority of trucks on the road — fear that the cost of moving in that direction could put them out of business.

But commercial drivers participating in the U.S. Department of Energy’s (DOE) Super Truck program geared toward reducing emissions are trying to convince them otherwise.

“Early on when we had emission-system truck rollouts, a lot of smaller...

https://www.freightwaves.com/news/alleviating-cost-fears-in-bidens-electric-truck-push

Trucking testifies on ‘range anxiety,’ other obstacles to zero-emission vehicles

Trucking interests briefed lawmakers Wednesday on the feasibility of getting to a zero-emissions vehicle world by 2050 — one of President Joe Biden’s climate goals — as Republicans reiterated their vow to keep climate change policy away from the next infrastructure package.

Testifying at a House Transportation and Infrastructure Committee hearing on behalf of the National Association of Truck Stop Operators (NATSO), Shameek Konar, CEO of fuel retailer Pilot Flying J, said that establishing an...

https://s29755.pcdn.co/news/trucking-testifies-on-range-anxiety-other-obstacles-to-zero-emission-vehicles

Santa Monica to pilot delivery zones for zero-emissions vehicles

Santa Monica launches zero emissions delivery zone

If this catches on, diesel- and gas-powered delivery vehicles will no longer be delivering to residents at some California addresses. The Los Angeles Cleantech Incubator (LACI) and the city of Santa Monica have launched what they said is the first Zero Emissions Delivery Zone (ZEDZ) in the nation.

The zone encompasses 1 square mile roughly bound by Wilshire Boulevard on the north, Lincoln Boulevard on the east, Dewey Street (city boundary) on the south and the Pacific Ocean on the west. The zone...

https://www.freightwaves.com/news/santa-monica-to-pilot-delivery-zones-for-zero-emissions-vehicles

Competition intensifies for commercial vehicle battery makers

Moving beyond electric vehicles themselves, blank-check companies are targeting battery developers critical to the growing demand for zero-emission commercial vehicles.

The most attractive battery-making companies have track records and significant revenue, reducing the risk to investors. The special purpose acquisition companies (SPACs) sponsoring their public debuts promise hundreds of millions of dollars for rapid scaling of the businesses.

Take Romeo Power Inc., founded in 2015 by expatriates...

https://www.freightwaves.com/news/competition-intensifies-for-commercial-vehicle-battery-makers

The Daily Dash: TFI still on the hunt; truckers exempt from mask requirement

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, TFI International is continuing its acquisition spree, acquiring Fleetway less than a week after buying UPS Freight. Plus, the Centers for Disease Control and Prevention is exempting truck drivers from its mask requirement, and Daseke is looking for possible acquisitions.

Still on the hunt

Less than a week after its blockbuster acquisition of UPS Freight (NYSE:UPS), TFI International (NYSE: TFII) is...

https://www.freightwaves.com/news/the-daily-dash-tfi-still-on-the-hunt-truckers-exempt-from-mask-requirement

Why GM’s zero-emissions pledge matters to trucking

General Motors’ commitment to zero-emission vehicles by 2035 will influence heavy-duty truck manufacturers and suppliers to follow along.

Just two days after taking a role in a four-way collaboration to make nonpolluting hydrogen-powered fuel cell International trucks for Navistar International Corp. (NYSE: NAV), GM said it is targeting 2040 to eliminate carbon dioxide pollution from its plants, supply chains and logistics globally.

“GM’s declaration does have an impact on fleet owners,” said...

https://www.freightwaves.com/news/why-gms-zero-emissions-pledge-means-a-lot-to-trucking

Hyliion decides against booking revenue from early trucks

Startup electric driveline maker Hyliion Holdings Corp. (NYSE: HYLN) reported a $9.1 million third-quarter loss in its first earnings report as a public company. It decided against booking $1 million in revenue from the first 20 trucks equipped with its hybrid electric system.

Remaining a pre-revenue company is not a big deal for Hyliion. Wall Street has no expectations for it to sell much or report significant profits until 2023. A more meaningful way to judge the Austin, Texas-based company is...

https://www.freightwaves.com/news/hyliion-decides-against-booking-revenue-from-early-trucks

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