Rivian Secures $827 Million in Funding to Expand in Illinois
Rivian Automotive will receive incentives valued at $827 million from Illinois to expand its electric vehicle plant there after the company halted work on a separate facility in Georgia.
May 2, 2024Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
May 2, 2024Technology Tools Help Carriers Reduce Risk, Improve Safety
PHOENIX — More actionable data, onboard safety technology and new equipment are helping carriers focus their safety efforts, customize coaching and reduce the risk of a crash.
May 2, 2024New Mississippi Law Targets Predatory Towers
Mississippi lawmakers dealt a blow to predatory towing companies that target heavy trucks with a new law that will take effect July 1.
May 2, 2024Maersk Sees Improved Prospects for Global Container Trade
A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.
May 2, 2024C.H. Robinson Reports Lower Revenue, Net Income for Q1
C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.
May 2, 2024Exxon to Close Pioneer Deal
The FTC declined to challenge Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources but asserted that Scott Sheffield must not take a seat on the supermajor’s board.
May 2, 2024Body of Fifth Worker Found After Baltimore Bridge Collapse
BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.
May 2, 2024Daimler CEO: Lack of Electric Truck Chargers a Top Concern
The world’s biggest commercial vehicle maker warned that slow progress adding charging infrastructure is threatening the shift to zero-emission trucking.
May 2, 2024FRA: Union Pacific Undermined Regulators’ Safety Efforts
OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.
May 1, 2024