OOIDA sues EPA over greenhouse gas emissions standards [Yahoo! Finance]
Cass Information Systems, Inc (CASS)
US:NASDAQ Investor Relations:
ir.cassinfo.com
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Source: Yahoo! Finance
Court of Appeals for the District of Columbia Circuit challenging the Environmental Protection Agency's Phase 3 final rule on greenhouse gas emissions standards for heavy-duty vehicles. According to the petition, the court should vacate the EPA rule, as it “exceeds the agency's statutory authority and is otherwise arbitrary, capricious, an abuse of discretion, and not in accordance with law.” FreightWaves' John Gallagher writes that the rule “affects truck model years 2027 through 2032 and applies to a range of truck sizes, from delivery trucks and dump trucks to freight-hauling day-cab and long-haul sleeper-cab trucks. For long-haul tractors, for example, 25% of the fleet would be required to be zero-emission by model year 2032.” Gallagher noted that a new Class 8 diesel truck costs approximately $180,000 while estimates for a battery-electric truck of similar capabilities would cost around $400,000. The federal government does not appear concerned, as the administration asserts
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CASS
News
- Freight Spend, Shipments Soft Again In August [zero hedge]zero hedge
- Trucking data: Freight shipments and Class 8 truck orders improve sequentially in August [Seeking Alpha]Seeking Alpha
- The challenge [Yahoo! Finance]Yahoo! Finance
- Cass Information Systems Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Cass Information Systems, Inc. (NASDAQ: CASS) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $44.00 price target on the stock, down previously from $47.00.MarketBeat
CASS
Earnings
- 7/18/24 - Miss
CASS
Sec Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- CASS's page on the SEC website