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GovernmentBusinessEquipment

Strike Cost Ford 100,000 Vehicle Sales, $1.7 Billion in Profits

A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles for the year and cost the company $1.7 billion in lost profits, the automaker said Nov. 30.

December 1, 2023
GovernmentBusinessTechnology

Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant

NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.

December 1, 2023
GovernmentBusinessTechnologyEquipment

Proposed EV Tax Rules Could Make Full Credit Harder to Get

The departments of Treasury and Energy proposed new rules Dec. 1 that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.

December 1, 2023
GovernmentBusinessFuel

OPEC Countries Cutting Output in Bid to Increase Oil Prices

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Nov. 30, expanding some output cuts into next year.

December 1, 2023
GovernmentBusinessSafetyLogistics

NYC Congestion Plan Would Charge Business District Drivers

Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.

December 1, 2023
GovernmentBusinessFuelGlobal Freight

Shipping Giants Want End Date for Fossil Fuel-Only Vessels

Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapag-Lloyd.

December 1, 2023
GovernmentBusinessSafetyTCA

Grants Expand Eastern Iowa Colleges’ Truck Driving Program

Eastern Iowa Community Colleges has received more than $875,000 in grants to expand its truck driving/commercial truck driving program.

November 30, 2023
BusinessTechnologyEquipment

Tesla Cybertruck to Start at $60,990 as Deliveries Commence

After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.

November 30, 2023
Government

Congressional Funding Negotiations Continue in December

After the enactment of a short-term government funding bill, congressional fiscal 2024 budget negotiations are expected to continue through the holidays.

November 30, 2023
BusinessEquipmentSafetyFuel

Navistar Sustainability Push Gathers Steam

Navistar’s sustainability commitments go back more than 20 years, but in 2023, it has sharpened its focus.

November 30, 2023