Volvo Trucks has signed a letter of intent to sell up to 1,000 electric trucks to a single customer in its largest EV order to date, the manufacturer announced May 22.
May 22, 2023Search
Showing 10 of 75039 results
Werner Appeal of $89.7 Million Verdict Denied
A Texas state court has denied an appeal by Werner Enterprises Inc. of an $89.7 million jury verdict in a case involving a 2014 fatal crash.
May 25, 2023Biden Delays Bid to Grant EV Makers Renewable Fuel Credits
The Biden administration has dropped, for now, a plan that would have awarded automakers such as Tesla Inc. credits for using renewable natural gas to power electric vehicles.
May 19, 2023Ohio to Renovate 17 Rest Areas
Ohio transportation officials will add truck parking when possible in a massive four-year renovation to rebuild 33 rest areas at 17 locations in project recently announced by Gov. Mike DeWine.
May 19, 2023Federal Reserve Chair Powell Hints at Pause in Rate Hikes
WASHINGTON — Chair Jerome Powell indicated May 19 that the Federal Reserve likely will forgo an increase in its benchmark interest rate when it meets in June.
May 19, 2023Walmart Stock Outperforms Target
Walmart shares are outshining those of Target as Wall Street anticipates the shopping behemoth’s broad array of household necessities will offer shelter from slowing economic growth.
May 19, 2023Ford CEO Sticks to ‘Crazy High’ EV Goal
Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.
May 19, 2023Deere Lifts Profit Outlook
Deere & Co. raised its full-year profit forecast amid strong demand for farm equipment and the easing of supply chain woes that have dogged companies since the pandemic.
May 19, 2023Engineers Union Reaches Sick-Time Deal With Norfolk Southern
OMAHA, Neb. — The union that represents railroad engineers finally secured its first deal for paid sick time with Norfolk Southern.
May 19, 2023NTSB Report Says 10,000 Bridges at Risk for Corrosion
Investigators looking into the collapse of a Pittsburgh bridge want transportation officials nationwide to examine more than 10,000 other bridges with similar construction.
May 18, 2023