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CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023

Norfolk Southern Near Ready to Reopen Some Tracks in Ohio

Norfolk Southern says it has completed excavation of the impacted soil underneath the south track at the site of the East Palestine train derailment and will finish restoration of the track in the coming days.

April 17, 2023

Tesla Reports Another Fatality Involving Automated Driving

Tesla Inc. disclosed to U.S. regulators another fatal crash involving automated driver-assist systems, bringing its total to 17 since June 2021.

April 17, 2023

Only 10 EVs Qualify for Full $7,500 US Tax Credit

Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits after stricter battery-sourcing rules take effect and render most plug-in models ineligible.

April 17, 2023

ZF’s CeTrax Lite Begins Series Production

The CeTrax lite electric central drive adapts what the company learned from developing passenger car drives for use in light commercial vehicles.

April 17, 2023

US Tax Breaks Lure European Clean Tech

LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.

April 17, 2023

Inward-Facing Cameras Rate Low With Drivers

With an approval rating of 2.2 on a 10-point scale in an American Transportation Research Institute study, it’s clear that truck drivers do not hold driver-facing cameras in high regard.

April 17, 2023

Freightliner to Offer Upgraded Hendrickson Rear Suspension

Freightliner Trucks will begin offering Hendrickson Truck Commercial Vehicle Systems’ Haulmaax EX rear rubber suspension system.

April 14, 2023

Elon Musk Plans Startup to Rival OpenAI, Report Says

Tesla CEO Elon Musk is making plans for an artificial intelligence startup that will rival OpenAI, according to the Financial Times.

April 14, 2023

Peterbilt Partners With Lincoln Tech on Technician Training

Peterbilt launched a partnership with Lincoln Educational Services Corp. to help prepare students for a career as a service technician, the company announced April 13.

April 14, 2023