Tax incentives

Biden signs bill providing tax credit of up to $40,000 per truck

President Joe Biden plans to sign the Democrats’ inflation bill containing tax credits for all electric trucks — with a particular boost for last-mile delivery.

A National Biodiesel Board study estimated that biodiesel exhaust is 72% less carcinogenic than exhaust from conventional diesel.

Arizona officials rooting for Nikola Corp. to make good on its plans for a $600 million electric truck assembly plant and hundreds of new jobs say construction is progressing.

At 28, Hyliion founder and CEO Thomas Healy is planning 15,000 global sales of his hybrid-electric powertrain systems for Class 8 trucks by 2024. A serial entrepreneur, Healy spoke with FreightWaves about his third startup — expected to go public before summer ends.

Collecting and analyzing the right metrics, including revenue per truck and maintenance expense, is part of making a trucking operation profitable.

Navistar is skipping the chase for incentives on demonstration electric trucks to consult with customers on custom-built zero-emission medium-duty models with total cost of ownership rivaling a diesel truck.

Bendix is growing its air disc brake manufacturing facility in Bowling Green, KY again, this time to the tune of $65 million and 100 new jobs.