The move caps months of talks with owners, customers and creditors to find a way for Europeās rare homegrown maker of EV batteries to continue operations.
November 21, 2024Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Northvolt Files for Bankruptcy After Failed Rescue Attempts
MARAD Awards $580M Grants to Ports for Supply Chain Projects
USDOT's Maritime Administration announced $580 million in port grants for 31 projects across 15 states that incorporate multimodal improvements for the transportation of goods.
November 21, 2024Equipment: Mack to Launch New Flagship Semi in 2025
President Stephen Roy announced Mack Trucks' upcoming semi, designed to compete in 70% of the market and triple the company's longhaul market share.Ā Ā
November 21, 2024Penske Truck Leasing Eyes Up to 80% of Power From Solar
The first facility with a rooftop solar installation, in Illinois, is now operational. Solar panels installed there are expected to generate roughly 80% of the buildingās energy needs.
November 21, 2024Canadaās Provincial Leaders Want Bilateral Trade Deal With US
TORONTO ā Canadaās provincial leaders want Prime Minister Justin Trudeauās federal government to negotiate a bilateral trade deal with the United States that excludes Mexico.
November 21, 2024Biofuel Groups Ask Congress to Extend Expiring Tax Credit
Soybean farmers in seven states are asking Congress to extend current biodiesel and renewable diesel tax credits due to a lack of clarity on a set of new rules ready to take effect in January.
November 21, 2024October Trailer Orders Drop 52% From Last Year
The only year-over-year increase this year was a 37% rise in April, but that bright spot came after six months of unfavorable year-over-year comparisons and has now been followed by six more.
November 21, 2024Hess Toy Truck Marks 60th Anniversary
This holiday season brings a milestone for the Hess toy truck in the form of its 60th anniversary.
November 21, 2024Uber Said to Be in Talks to Invest in US IPO of Pony AI
Uber Technologies plans to invest in Pony AIās U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.
November 21, 2024Tesla Slow to Make Its Chargers Accessible to Other EVs
Tesla promised to drop the wall on its so-called charging āwalled gardenā two years ago, making its Superchargers accessible to all EVs.Ā
November 21, 2024Follow Us
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