Negotiations on a new labor deal between UPS Inc. and the Teamsters stalled July 5 after showing promise over the weekend, renewing concern that workers could strike at the end of the month.
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Tesla Reports Record Sales, Increased Production in Q2
Tesla Inc. posted record sales in the second quarter as the Austin-based electric vehicle maker continued to increase production at its growing Gigafactory Texas.
July 5, 2023TireHub Appoints John Cavanaugh as Newest CFO
TireHub has appointed John Cavanaugh to the role of chief financial officer, the tire distributor announced June 29.
July 5, 2023EV Startups Confronting Setbacks
Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.
July 5, 2023Rivian Ships First Amazon Electric Delivery Vans to Europe
Rivian Automotive Inc. started delivering the electric vans it makes for Amazon to Europe in the EV maker’s first commercial shipments outside the U.S.
July 5, 2023Diesel Prices Drop 3.4¢ to $3.767 a Gallon
Diesel prices dropped another 3.4 cents to a national average of $3.767 per gallon, according to weekly data released by the Energy Information Administration July 3.
July 4, 2023Key Inflation Gauge Hits Two-Year Low in May
An inflation index that is closely monitored by the Federal Reserve tumbled in May to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.
June 30, 2023TuSimple Eyes US Exit, Hires Bankers
TuSimple is exploring strategic alternatives for its U.S. operations, including a sale, which would see the self-driving truck technology provider focus on Asia-Pacific activities.
June 30, 2023Kolton Schultz Returns to NTDC Stage With Idaho Victory
XPO driver Kolton Schultz credits his instincts for winning the 3-axle class and claiming grand champion honors at the Idaho Truck Driving Championships.
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