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The added capacity builds on an earlier project launched in September 2024, when CSTH broke ground on a separate $28 million, 250,000-square-foot facility in Cynthiana, Ky.

Two new ship-to-shore container cranes have arrived at Jaxport’s Blount Island terminal, expanding the port’s capacity to handle larger vessels as part of a state-backed modernization push.

The new facility is designed specifically to handle cold-rolled steel coils. It marks the first phase in a plan to upgrade the site into a high-performing logistics hub for central Alabama.

������ý plans to invest nearly $5.6 million to create an engineering hub in Michigan.

Continental lowered a profitability target for the year due to rising costs from U.S. tariffs as the German automotive supplier forges ahead with a plan to dismantle itself.

Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, and includes Tesla, Ford and GM.

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs.

“It would be a shame to build these facilities and then all of a sudden you have to scale back on the most important part of it, which is people,” a Ford vice president told reporters.

Earlier this month, nearly 100 representatives of medium- and heavy-duty truck dealers gathered in Washington, advocating for common-sense policies supporting the trucking industry.

Stellantis is reorganizing its top management ranks as new CEO Antonio Filosa begins his push to turn around the struggling automaker.