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Energy Department Rejects $200 Million Grant to Microvast

WASHINGTON — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China.

May 24, 2023

Why a Down Freight Cycle Is Ideal for Tech Investment

Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroeco­nomic outlook is uncertain.

May 26, 2023

Company Earnings Guidance Is Wrong About 70% of the Time

The pandemic may have upended businesses, but surprisingly it did little to dent managers’ misplaced confidence in their earnings forecasts, new research shows.

May 23, 2023

NLRB Accuses Amazon of Illegal Anti-Union Actions

Amazon.com Inc. violated federal labor law by unilaterally changing policies and terminating union supporters at its sole unionized warehouse, U.S. labor board prosecutors allege.

May 23, 2023

Volvo Signs Green Power Deal for Vattenfall Wind Power

Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.

May 23, 2023

Waymo, Uber Team Up on Robotaxis in Phoenix

Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars.

May 23, 2023

Schneider Debuts Transportation-Focused Innovation Center

Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.

May 22, 2023

Logistics Providers Work to Set Freight Scheduling Standards

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

May 26, 2023

Trucking Technology Q&A: Melton’s Randy Rhines

Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.

May 26, 2023

Ford Strikes Lithium Deals to Support EV Output

Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.

May 22, 2023