Tesla Inc. declined after Elon Musk’s Twitter followers voted in favor of selling 10% of his stake in a poll set up by the electric car chief.
November 8, 2021BusinessEquipmentSafety
Arbon Equipment Acquires Pugleasa
Milwaukee-based Arbon Equipment Corp., a wholly owned subsidiary of Rite-Hite, announced it acquired Pugleasa Co. Inc., a loading dock and industrial door sales and service organization headquartered in Arden Hills, Minn.
November 8, 2021BusinessTechnologyLogisticsAutonomous
Walmart Accelerates Self-Driving Delivery
At the moment, the future of transportation is at the Walmart on Regional Airport Boulevard in Bentonville, Ark.
November 8, 2021GovernmentBusinessFuel
Oil Pares Gains as US Comments Counter Signs of Strong Market
West Texas Intermediate pared earlier gains after U.S. Energy Secretary Jennifer Granholm told MSNBC that President Joe Biden may make an announcement to address high oil and gasoline prices this week.
November 8, 2021GovernmentBusiness
Appeals Court Stays Vaccine Mandate on Larger Businesses
NEW ORLEANS — A federal appeals court on Nov. 6 temporarily halted the Biden administration’s vaccine requirement for businesses with 100 or more workers.
November 6, 2021GovernmentBusiness
Biden to Sign $1 Trillion Infrastructure Bill Nov. 15
A $1 trillion infrastructure package that includes billions of dollars for roads and bridges and creates a program that will bring younger drivers into the trucking industry will be signed into law by President Joe Biden on Nov. 15, the White House confirmed.
November 6, 2021GovernmentBusiness
Biden, House Leaders Brokered Late-Night Breakthrough
WASHINGTON — The House of Representatives approved a $1 trillion package of road and other infrastructure projects late Nov. 5 after Democrats resolved a monthslong standoff between progressives and moderates, notching a victory that President Joe Biden and his party had become increasingly anxious to claim.
November 5, 2021BusinessTechnologyEquipmentFuel
$10 Billion Rivian IPO Would Be Seventh-Largest on Record
Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.
November 5, 2021BusinessTop 50
Pilot Freight Services Names Matt Hamilton COO
Matt Hamilton was appointed chief operating officer at Pilot Freight Services in Glen Mills, Pa.
November 5, 2021Business
WIT Releases Annual List of Best Transportation Companies for Women
The Women In Trucking Association announced the best transportation companies for women list Oct. 25.
November 5, 2021