Tesla Settles Fatal Crash Suit Ahead of California Trial
Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.
May 28, 2024BET Evolution at Same Point as Brick Cellphones: Sanchez
Battery-electric trucks have arrived at an evolutionary point not dissimilar to the one that brick-style cellphones occupied in the 1980s, Ryder System CEO Robert Sanchez said.
May 28, 2024Hess Investors Vote in Favor of $53 Billion Chevron Takeover
Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.
May 28, 2024Industry-Led ZEV Infrastructure Group Sees Membership Rise
LAS VEGAS — Powering America’s Commercial Transportation finalized its initial membership cohort in recent days with 24 founding members.
May 28, 2024Update: Movers Group Seeks Review of $20B Contract for Military Moves
"Movers for America" is asking Congress to direct the U.S. Government Accountability Office to pause the $20 billion contract awarded to HomeSafe Alliance, evaluate program for moving military members and their families.
May 28, 2024Volvo to Begin Customer Hydrogen ICE Truck Tests in 2026
Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade.
May 28, 2024Shippers, Private Fleets Aim for Sustainability
LAS VEGAS — Despite higher costs, some shippers and carriers continue to invest in alternative fuels and zero-emission transportation to meet their corporate sustainability objectives.
May 28, 2024Penske Forms EV Infrastructure Advisory JV With Mitsui Unit
LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.
May 28, 2024Clarience Tech and ZF Forge Data-Sharing Alliance
Clarience Technologies and ZF launched a strategic alliance to share telematics data to improve the performance of fleet customers, the company announced May 20.
May 28, 2024Energy Transfer to Buy Permian Operator WTG for $3.3 Billion
U.S. pipeline giant Energy Transfer LP has reached a deal to buy WTG Midstream through a deal valued at about $3.25 billion.
May 28, 2024