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Tesla Semi Crash, Fire Mark NTSB’s First EV Truck Case

In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.

December 30, 2024

OpenStore Invests $5 Million in Kansas City Fulfillment Hub

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

December 23, 2024

Texas Instruments Gets $1.6 Billion for Semiconductors

Texas Instruments announced a tranche of federal CHIPS and Science Act funding worth up to $1.6 billion, a show of support for a booming semiconductor manufacturing industry in North Texas.

December 23, 2024

China Races to Ship Batteries to US Before Tax Changes

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

December 20, 2024

Walmart Joins Growing List of Firms Scaling Back Climate Goals

Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.

December 20, 2024

Court to Rule on TuSimple Governance, Cash Pile Fate in Q1

The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.

December 19, 2024

Biden’s Climate Goal Seeks 60% Emissions Cut by 2035

Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.

December 19, 2024

Trucking Grapples With Economy, Lawsuits, EV Rules in 2024

In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.

December 19, 2024

Rivian Quietly Paves Way for UAW Workforce Once Profitable

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

December 19, 2024

Biden to Announce Chinese Semiconductor Probe in Coming Days

President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.

December 17, 2024