VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada
Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.
August 22, 2022Ford to Cut 3,000 Jobs to Fund Shift Toward EVs
Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.
August 22, 2022House Transportation Leaders Eye FCC’s 5.9 GHz Spectrum
U.S. House Transportation leaders recently pressed the Federal Communications Commission to open access to a band of communications spectrum set aside for safety operations for transportation entities.
August 22, 2022Heartland Express to Acquire CFI Truckload Business for $525 Million
Heartland Express Inc. on Aug. 22 announced plans to acquire Contract Freighters’ nondedicated truckload business as well as Mexican entities under CFI Logistica in a $525 million deal.
August 22, 2022Iowa County to Oppose CP-KCS Merger
Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that’s expected to drastically increase train traffic along the Mississippi River there.
August 22, 2022Electric Cars Have a Big Tire Conundrum
The Lucid Air Dream Edition travels up to 520 miles on a charge, more than any electric vehicle on the market by a wide margin. If a buyer chooses the larger, 21-inch wheels, however, 39 of those miles vanish — a 7.5% range penalty.
August 22, 2022FourKites Launches New Unified Customer Interface
FourKites upgraded its platform into a unified customer interface aimed at better integrating end-to-end supply chain data, the supply chain visibility company said Aug. 22.
August 22, 2022Wanted: 7,000 Construction Workers for Intel Chip Plants
JOHNSTOWN, Ohio — Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.
August 22, 2022Elon Musk Says Tesla Raising Full Self-Driving Price to $15,000
Tesla Inc. will start charging $15,000 for the driver-assistance features it calls Full Self-Driving, raising the price of the controversial product for the second time this year.
August 22, 2022Elite Driving Ability Runs in the Family for UPS Duo
INDIANAPOLIS — As Aaron Sharp watched the parade of competitors taking their place on the floor of the Indiana Convention Center for the National Truck Driving Championships’ “Walk of Champions” Aug. 19, he kept his eyes peeled for one participant in particular — his father, David Sharp.
August 19, 2022