Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.
April 12, 2019BusinessTechnologyEquipment
Stanadyne Buys Pure Power Technologies
Stanadyne has acquired Pure Power Technologies Inc., a manufacturer of diesel fuel injectors and turbochargers headquartered in Columbia, S.C.
April 12, 2019BusinessTechnology
Tesla Makes It Tougher to Buy Standard $35,000 Model 3
Tesla Inc. announced a series of changes to its vehicle lineup and pricing, including making it tougher to buy its newly available entry-level $35,000 car.
April 12, 2019BusinessTechnologyEquipment
Bridgestone Adds Ecopia Steer Tire
Bridgestone Americas Inc. announced the launch of its Bridgestone R284 Ecopia steer tire, which is designed for improved fuel economy, enhanced treadwear and is SmartWay-certified for low rolling resistance.
April 12, 2019BusinessTechnology
Renovus Capital Partners Buys Majority Stake in KSM Consulting
Renovus Capital Partners, a Wayne, Pa.-based investment firm that holds stakes in nearly two dozen companies that provide education and training services, has acquired a majority interest in KSM Consulting in Indianapolis.
April 12, 2019GovernmentBusinessTechnologyEquipmentSafetyEditorial
Editorial: Keeping Up With the 鈥楬ands鈥 of Time
The notion of being a 鈥渉ands-on鈥 worker still carries weight in professional circles. Increasingly, though, some of the things that once were decidedly 鈥渉ands-on鈥 are becoming much more 鈥渉ands-off鈥 thanks to the march of technological innovation.
April 11, 2019BusinessTechnologyLogistics
Retailers, Logistics Firms Expand Final-Mile Delivery to Meet Rising E-Commerce Expectations
PHILADELPHIA 鈥 Retailers and transportation providers are embracing a blend of final-mile delivery strategies to keep pace with rapidly shifting online shopping habits.
April 11, 2019BusinessTechnology
Warehouse Tech Startup Stord Receives $12.4 Million Investment
Stord Inc., an Atlanta-based startup that offers a technology platform for warehouse operators to market unused space, has received $12.4 million in funding from a group of investors that includes Tom Noonan and Chris Klaus, Dynamo, Rise of the Rest Fund and Engage Ventures.
April 11, 2019BusinessTechnologyEquipmentSafetyLogisticsTop 100
Prognostics Takes Shape as the Future of Truck Repair
Condition-based maintenance is coming to commercial vehicles, and bringing with it transformative possibilities to expand real-time operational insights, foster an improved warranty process and, perhaps, accelerate sales of replacement parts, experts said.
April 11, 2019GovernmentBusinessTechnology
Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate
A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.
April 10, 2019