EVs can help reduce emissions in the transportation sector, the nation’s largest source of greenhouse gas emissions, but they also mean less gas tax revenue in government coffers.
March 18, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid
The world’s largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.
March 18, 2025Luminar Stock Jumps as Viral Video Backs Its Tech Over Tesla
In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Tesla’s system.
March 17, 2025Yellow Creditors Push Plan to End Bankruptcy Case
Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company’s remaining $550 million of cash and end its bankruptcy case.
March 17, 2025Diesel Price Down 3.3¢ in Third Straight Decline
The national average price for a gallon of diesel slipped 3.3 cents to $3.549 in a third straight decline, according to U.S. Energy Information Administration data released March 17.
March 17, 2025China Partially Renews US Meat Export Permits
China’s government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won’t be disrupted.
March 17, 2025Volkswagen’s Audi Will Cut 7,500 Jobs in Germany by 2029
The reductions, which correspond to 14% of the brand’s German workforce, won’t affect factory workers. “Audi must become faster, more agile and more efficient,” said CEO Gernot Döllner.
March 17, 2025Trump’s Trade Team Debates Strategy for New Tariff Rollout
President Donald Trump’s top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.
March 17, 2025Chevron Buys $2.3B Hess Stake, Stays Confident on Merger
Chevron bought nearly 5% of Hess as a show of confidence that it will win the arbitration battle with Exxon Mobil that has delayed the Hess takeover for more than a year.
March 17, 2025PepsiCo Buys Prebiotic Soda Brand Poppi
PepsiCo said March 17 that it’s acquiring the prebiotic soda brand Poppi for $1.95 billion.
March 17, 2025