How Elon Musk Might Make $920 Million in Tesla Debt Go Away
A big pile of debt comes due at Tesla on March 1 — $920 million worth. But starting in two weeks, the company has a chance to make it disappear.
November 15, 2018California Approves a 15-hour Minimum Driver Training Requirement for CDLs
California legislators have passed a bill requiring that entry-level truck drivers spend at least 15 hours in training behind the wheel to be eligible for a commercial driver license.
November 15, 2018ZAF Opens Nickel-Zinc Battery R&D Facility in Montana
Battery technologies developer ZAF Energy Systems has announced the opening of a research and development facility in Bozeman, Mont., according to a Nov. 13 press release. Scientists and engineers at the 8,000-square-foot facility are developing nickel-zinc technologies with an emphasis on performance improvements and cost reduction.
November 15, 2018Turvo Raises $60 Million in Series B Funding
Turvo, a collaborative logistics platform, announced Nov. 8 it had raised $60 million in Series B funding.
November 15, 2018Secur to Expand Railcar, Container Fleet for Nuclear Decommissioning Market
Secur, a provider of transportation logistics as well as packaging, technical services and waste management, will invest in equipment assets to serve the nuclear power plant decommissioning market, according to the company.
November 15, 2018Trac Intermodal Acquires Tire Services Division of Core Fleet
Trac Intermodal, a North American chassis pool manager and intermodal equipment provider, announced Nov. 6 that it had acquired the tire services division of Core Fleet.
November 15, 2018Senate Leader McConnell Looks to Avoid Government Shutdown Before Dec. 7 Deadline
Senate Republicans will look to avoid a partial shutdown of the federal government, the leader of the chamber told reporters on Nov. 14.
November 15, 2018CVSA Files 'Friend of the Court' Brief in Chameleon Carrier Case
The Commercial Vehicle Safety Alliance has filed a “friend of the court” brief with the Indiana Supreme Court in a “chameleon carrier” case in which an insurance broker is accused of helping the carrier illegally change its name to escape its bad safety record.
November 15, 2018Warren Buffett Bids Farewell to Walmart After 20 Years as Amazon Reigns
Buffett’s Berkshire Hathaway Inc. has sold its last Walmart Inc. shares, according to a filing Nov. 14, ending a relationship that dates more than two decades.
November 15, 2018October Class 8 Sales Soar to Highest Mark Since June 2015
Class 8 sales in October reached the highest point in more than three years as a smoother supply chain and the bullish economy lifted the total to 25,007, WardsAuto.com reported.
November 15, 2018