Latest Posts

• Drought fuels wildfire concerns as Canada braces for another intense summer

• Belgium and Hungary Launch Controversial Digital IDs, Vaccine Passport, Ahead of EU Regulations

• Is China Dumping US Treasuries and Buying Gold? Bloomberg Says Yes, Pettis Uncertain

• Doug Casey on the Relentless Rise of Taxes, Regulations, and Inflation

• Why The Gold Rush Is Just Beginning, In Six Charts

• US Power Grid May Become Unreliable This Summer, Watchdog Warns

• Al Gore Said the Ice Caps would be Gone by 2014 – Yes 2014!

• Precarious: One Misfortune Away from Insolvency

• Birth Dearth or Baby Boom?

• How Powell Destroyed His Inflation War as he Eats the Poor

• Fed’s Asset Purchases Result in Increased Market Volatility

• Germany’s Dark Future

• China Unveils A Housing Market Bailout: Here’s What’s In It, And Why It Is Still Not Enough

• Controversial FAA Bill Passes Senate, Promotes Digital IDs and Mobile Licenses, Facial Recognition Concerns Ignored

• Academic Psychosis: ‘Epistemological Violence’

• The Decay of Everyday Life

• “The Economics Just Don’t Work”: Demand For Electric Semis Plunges Due To High Costs

• Hezbollah launches first-ever Lebanese airstrike on Israeli base

• Why the dollar will lose its status as the global reserve currency

• Small-scale farmers in Ethiopia: First came conflict, then devastating drought

• Mike Walden: Is it ‘greedflation’ or something more keeping prices high?

• The JFK Assassination Chokeholds That Inescapably Prove There Was a Conspiracy

• Future Gas Strategy is a betrayal of promised Climate and Environmental Policies

• Will sucking carbon from air ever really help tackle climate change?

• The Great Ukraine Robbery Is Not Over Yet. Ron Paul

• Mysterious Brand-New Heart Syndrome Reportedly Affects 90% of U.S. Population

• Managing Chaos: Adventures in Alternative Media. Greg Guma

• An Urgent Matter

• The Trouble With World Government

• Brutal heatwaves and submerged cities: what a 3C world would look like

• 10 Premises Behind Collapse 2050

• Culling for Climate

• Musings on the Nature of Technology

• Russia Orders UK Defense Attaché Out Of The Country In Tit-For-Tat

• Million Texans Without Power As Storm Topples Transmission Towers 

• How Powell Destroyed His Inflation War as he Eats the Poor

• Wet Winter Veggie Sowing

• This Is the Proverbial Ball You Should Be Keeping Your Eye On…

• YouTube Removes 35,000 EU Videos for “Misinformation,” Enhances Content Censorship Ahead of 2024 Elections

• Feathers Fall, Humanity Falters: An Indictment of Our War on Wildlife

• Unsold Tesla’s Pile Up in Mall Parking Lots, Big Discounts Likely

• VW The Latest Automaker To Step Back From All-Electric Plans To Embrace Hybrids

• The sad farce of German “democracy”

• Buying and selling water is a reality in Alberta — sometimes for big money

• Why Gold Is Flowing From West To East

• Fear, anxiety as thousands flee their homes in Fort McMurray due to threat of wildfire

• India set to face hotter heatwaves amid preparation gaps, says study

• Electric Vehicle Subsidies as Complex and Costly as Ever

• Producer Price Inflation Has Bottomed and Is Now Heading Back Up

• Bill Gates Wants to Block-Off the Sun

• Will sucking carbon from air ever really help tackle climate change?

• How Europe and Britain are getting ready for ‘WWIII’: Interactive graphic reveals how West will stop Putin unleashing Armageddon, with nukes at Russia’s doorstep, mass conscription at 18 and arms factories firing up

• JFK, MLK, RFK: Three Murders Most Foul That Killed America’s Soul

• I’ve Got A Bad Feeling About This

• New Schiff Interview: All Inflation Has One Source

• Brazil authorities warn of more floods, landslides as new rains hit south

• From Climate Crisis to Polycrisis

• Money’s Grim Future

• Peter Schiff: Biden Lies Again on Inflation

• Walking Away From The Marketplace

• ‘Extreme’ solar storm impacts NZ, power grid emergency declared

• The surging demand for data is guzzling Virginia’s water

• The Warrantless Surveillance Bill Renewal Is Even Broader Than Many Noticed

• CPI Up 0.3 Percent With Rent Still Rising Steeply, Food a Bright Spot

• Links of the Month: May 2024

• Diesel takes another hit and may be driving down broader oil market

• Shocking Headline of the Day: Germany to Re-Introduce Slavery

• Our Curious Propensity to Ignore New Evidence

• ‘Desperate’ rescues under way as Brazil floods kill 90, displace thousands

• US Producer Prices Accelerating At Fastest Rate In 12 Months, Wall Street Reacts…

• Transitioning Fleet Trucks to Electric Raises Costs by up to 114 Percent, Report Warns Mandating EV trucks in today’s market leads to even ‘more supply chain disruptions,’ said an industry expert. Friends Read Free 596 291 Save Transitioning Fleet Trucks to Electric Raises Costs by up to 114 Percent, Report Warns Trucks sit idle as they block the entrance to a container terminal at the Port of Oakland in Oakland, Calif., on July 21, 2022. (Justin Sullivan/Getty Images) Naveen Athrappully By Naveen Athrappully 5/11/2024 Updated: 5/12/2024 Print X 1 0:00 Transitioning conventional truck fleets to electric vehicles (EVs) pushes up annual operational costs, which subsequently increases economic inflation, according to a recent report from transportation and logistics firm Ryder. Florida-based Ryder analyzed the potential cost of transportation if internal combustion engine trucks are converted to EVs. There is a 5 percent cost increase for light-duty EVs and a 94–114 percent increase for heavy-duty trucks, the May 8 report states. For a fleet of 25 mixed vehicles—light-, medium-, and heavy-duty trucks—costs surge by 56–67 percent. As transportation costs have a direct bearing on the price of goods sold in markets across the country, Ryder estimates such increases to eventually add about 0.5–1 percent to overall price inflation in the economy. “There are specific applications where EV adoption makes sense today, but the use cases are still limited. Yet we’re facing regulations aimed at accelerating broader EV adoption when the technology and infrastructure are still developing,” said Karen Jones, executive vice president and head of new product development for Ryder. “Until the gap in TCT [total cost to transport] for heavier duty vehicles is narrowed or closed, we cannot expect many companies to make the transition; and, if required to convert in today’s market, we face more supply chain disruptions, transportation cost increases, and additional inflationary pressure.” In California, the annual TCT increase for a heavy-duty EV tractor was approximately $315,000, with the number rising to more than $330,000 in Georgia. In both cases, equipment costs were the biggest contributor to the increase, rising by 500 percent. RELATED STORIES Amazon to Roll Out New Fleet of Electric Trucks in Southern California 5/8/2024 Amazon to Roll Out New Fleet of Electric Trucks in Southern California China Benefits From Unscientific Electric Vehicle Mandates 5/3/2024 China Benefits From Unscientific Electric Vehicle Mandates Ryder noted there were 16.4 million Class 3 to Class 8 commercial vehicles in operation in the United States, out of which only an estimated 18,000 EVs have been deployed. “Therefore, if companies are required to convert to EVs in the near future, availability and production of EVs may be far less than the vehicles needed to run America’s supply chains,” the report states. The report points to a statement made by Clean Freight Coalition (CFC) that there is currently no network in the United States where truck drivers can take rest breaks and charge their EV batteries at the same time. Despite Plummeting Electric Vehicle Sales, Biden Administration Will Not Change EV Policy: Jean-Pierre Play Video CFC estimates that electrifying the United States’ current commercial vehicle fleet would necessitate a $1 trillion investment. Moreover, the International Council on Clean Transportation calculates that almost 700,000 chargers will be required to accommodate the 1 million Class 4, 6, and 8 electric trucks expected to be deployed by 2030. This alone will consume 140,000 megawatts of electricity per day, which is equivalent to the daily electricity needs of roughly 5 million U.S. homes. “Ryder’s analysis underscores the reasons EV adoption for commercial vehicles remains in its infancy. In addition to the limited support infrastructure and EV availability, the business case for converting to EV for most payload and mileage applications, is extremely challenging,” the report reads.

• Recent study finds ‘garbage lasagnas’ forming in open landfills across US release staggering amount of air pollution: ‘Decades of trash that’s sitting under the landfill’

• Why The Establishment Fears a Trump-led Fed

• Globalists Plot Worldwide Genocide Via WHO Pandemic Treaty

• NASA Shares Photos Of Massive Explosions On Sun That Unleashed Solar Flares

• Climate models can’t explain 2023’s huge heat anomaly — we could be in uncharted territory

• Tracking toward mass extinction

• Canada’s Online Harms Act Bill C-63: Life in Prison for Thought Criminals

• The All-Important Doorman

• Europe and the Middle East, Two Scenarios of the Same War

• David Stockman on Why There is No Noticeable Benefit from the Fed’s Policies

• Big Oil Has Flourished, Despite Biden’s Best Efforts, And Will Back Trump In 2024

• Satellite images reveal devastating flooding in Porto Alegre, Rio Grande do Sul, Brazil

• Your Tax Dollars At Work: In Two Years, $7.5 Billion Has Produced Just 7 EV Charging Stations

• Hurricanes, heatwaves and rising seas: The impacts of record ocean heat

• Bidenomics At Work: Ford Slashing Battery Orders As Losses Per EV Approach $100,000

• The World’s Largest Floating Solar Farm Wrecked by a Storm Just Before Launch

• World’s Oldest Central Bank Keeps Sounding Alarm on Fragility of Cashless Economies. Are Other Central Banks Listening?

• The Escalating Threat Of Avian Influenza H5N1 And The Ethical Quandary Of Gain-of-Function Research

• Costa Rica to ration electricity as drought bites

• Texas Spot Power Prices Jump Almost 100-Fold on Tight Supply

• North America’s biggest city is running out of water

• Floods and flooding ‘will be part of our lives,’ says Brazilian architect and urbanist

• The Militarization of Space: Report to U.S. Congress Outlines U.S. Determination to Establish “Space Command and Control”

• Is China’s Oil Demand Set For A Major Bounce Back?

• Asia Embraces Coal as the U.S. Rejects It

• The top 10% are the main beneficiaries of globalization, says study

• ‘Desperate’ rescues under way as Brazil floods kill 90, displace thousands

• Medicine shortages in England ‘beyond critical’, pharmacists warn

• UK farmers consider quitting after extreme wet weather and low profits

• Three Russian grain regions declare emergency over cold weather, frost damage

• Israel shuts down Al Jazeera operations in the country

• The Proof of Censorship is…Censored

• Biden Wants EVs so Badly That He Will Quadruple Tariffs on Them

• Russia Launches Surprise Offensive In Kharkiv, Aims To Extend Border 10km Deep Into Ukraine

• FDA Preparing for Possible Bird Flu Spread Among Humans: Commissioner

• Ukraine War “Spins Out of Control”: Putin Is “Letting It Get Too Late:” to Turn Aside from Nuclear Armageddon

• Visualizing The Copper Investment Opportunity In One Chart

• Meet The Company Helping Restart The Nuclear Revolution In The U.S.

• I’m a British farmer. Here’s the scary truth about what’s happening to our crops

• Welcome to the Warfare State

• Video: Hiroshima-Nagasaki Dress Rehearsal. The Dangers of Nuclear War. Michel Chossudovsky with James Corbett

• CISA, FBI resuming talks with social media firms over disinformation removal, Senate Intel chair says

• NATO’s Entry Into the Ukraine War?

• You Need 2 Years of Food – Martin Armstrong

• Israel’s Battle Against Free Speech: The Shuttering of Al Jazeera

• Peter Schiff: Rate Hikes on the Horizon? 

• West Fueling Global Conflicts, Trying To Topple Moscow, Putin Says On WW2 Victory Day

• Turkiye Suspends All Trade With Israel in Surprise New Blow; Israel Threatens Retaliation

• Republic First seizure signals more bank failures to come, expert warns

• “Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted?

• Sacrifice Zones

• Al Jazeera’s Israeli HQ Raided By Police After Netanyahu Called It “Hamas Mouthpiece”

• Flashback: When Newt Gingrich Demanded Internet Censorship For Terror War

• Sudan’s Conflict and Resulting Starvation

• Lessons from COVID-19: Fascism, Globalism, and the “Medical-Industrial Complex”

• EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans

• Pritzker doubles down with $827 million of taxpayer money for expansion by troubled electric vehicle maker, Rivian – Wirepoints

• Open the Overton Window

• The Immanence of Everything

• Another Round of Mass Firings at Tesla, Sales Must Be Imploding

• An Alarming Trend Is Developing In US Shale Oil Production

• The Great Ukraine Robbery is Not Over Yet

• Abrupt permafrost thaw found to intensify warming effects on soil CO₂ emission

• Thousands evacuated, flights disrupted as Indonesia’s Ruang volcano erupts

• New Inflation Floor Will Be 3%: Mark Spiegel

• Are plastics killing us?

• Ford’s $120,000 Loss Per Vehicle Shows California EV Goals Are Impossible

• El Nino to last two more months; 2024 could be Malaysia’s hottest year — Nik Nazmi

• How Indonesia’s Toba Volcano Changed Human Evolution

• The Golden Age of Disinformation Has Only Just Begun

• Houthis Warn Drone & Missile Attack Coverage Expanding To Mediterranean Sea

• Money Is a Monopoly Government Will Never Surrender

• Home Prices Hit New Record High, Don’t Worry, It’s Not Inflation

• What Exactly is Peak Oil?

• The Fed Is Preparing to End Money as We Know It

• Inflation is Transitory Again

• What Are the Odds the Fed Hikes Interest Rates to 8 Percent?

• Increasingly Frequent Ocean Heat Waves Trigger Mass Die-Offs of Sealife, and Grief in Marine Scientists

• Australian PM Pushes for Crackdown on “Misogynistic” Speech Amid Fears Free Speech Is Fading

• The Hidden Messages of the Power Elite’s Cultural Apparatus

• From Zero to Hero… The Incredible Story of American LNG, Personified

• The Steady Slide Towards Tyranny: How Freedom Dies from A to Z in America

• Matt Taibbi Uncensored: Finance Nothing More Than A ‘Street Scam’

• Europe Scraps Net Zero, Biden Should But Won’t, Why?

• EPA underestimates methane emissions from landfills and urban areas, researchers find

• Mass fish die-off in Vietnam as heatwave roasts Southeast Asia

• WEF Panelist Says COVID Response Made People More Receptive to Central Bank Digital Currencies

• The Enemy Is Among Us? Anti-genocide Groups Are Being Targeted by Media and Government

• A True Bipartisan Scandal