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Stock impact report

Fact check: California trucking regulations aren't to blame for cargo backlog [USA TODAY]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: USA TODAY
Let's start with the first rule mentioned in the post: the "California truck ban" that says "all trucks must be 2011 or newer." The Commercial Carrier Journal, a news outlet that covers the trucking industry, reported in 2018 that the California Department of Motor Vehicles would soon start registering trucks only if they were in compliance with the state's truck and bus regulation . That rule calls for the majority of trucks, including those that service ports, to have a 2010 or newer engine by 2023. Some trucks with older engines had to comply with the regulation by 2020 About 96% of trucks serving California's major ports are already compliant with the rule, according to Karen Caesar, an information officer for the California Air Resources Board. "As of this year, 2021, only trucks with engines older than 2005 would have their registration denied," she said in an email. "So any truck with a 2007 or newer engine is currently in compliance with the regulation." At the port o Show less Read more
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