October 25, 2010: The Obama administration on Monday proposed the first ever fuel efficiency and emissions standards for big tractor trailers and other commercial trucks.

The joint Transportation Department and Environmental Protection Agency initiative covers a range of vehicles from delivery vans to long-haul rigs, and is expected to cut nearly 250 million tonnes of greenhouse gas emissions over the lifespans of vehicles produced within the program's first five years.

Click here to read more at Reuters.