MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15.
August 16, 2023Search
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Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
August 16, 2023Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
August 11, 2023EPA Announces $115 Million for DERA Grants
The Environmental Protection Agency recently announced that $115 million has been directed for the Diesel Emissions Reduction Act program.
August 8, 2023No Violations on 81% of CMVs in International Roadcheck
More than 81% of commercial motor vehicles and 94% of drivers inspected during International Roadcheck in May did not have any out-of-service violations during the enforcement effort.
August 8, 2023House Committee Approves Internal Combustion Engines Bill
A panel in the House recently approved a bill that would block efforts meant to prevent the sale of internal combustion engines.
August 3, 2023Freight Group Emphasizes Heavy-Duty Charging Infrastructure
WASHINGTON — A coalition of freight stakeholders called for greater emphasis on the heavy-duty sector as federal lawmakers and regulators prioritize electric vehicles nationwide.
July 27, 2023Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
July 27, 2023Truckers Largely Oppose Side Underride Guard Proposed Rule
American Trucking Associations is among several industry stakeholders objecting to a NHTSAÂ proposal that would require side underride guards on heavy trucks.
July 24, 2023GOP House Leaders Investigate Ford Battery Agreement
WASHINGTON — Republican congressional leaders sent a letter to Ford CEO Jim Farley claiming documents show hundreds of jobs at a planned battery plant will go to employees of a Chinese firm.
July 24, 2023