Truckload Sector Sees Continued Strength in Q4
The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.
February 18, 2022Elon Musk’s Boring Co. Submits Plan for North Miami Beach Tunnel
Elon Musk’s Boring Co. is seeking to build an underground loop around North Miami Beach for Tesla vehicles, the latest idea to help address traffic in an ever-growing part of Florida with limited public transportation.
February 18, 2022UPS Puts Forth Black History Month Initiatives
UPS Inc. detailed recent actions it has taken to support and empower Black communities to mark the start of Black History Month.
February 18, 2022Kenworth Receives Its Largest Order to Date for BEVs
Kenworth Truck Co. announced it received its largest Kenworth battery-electric vehicle order placed to date. Jack Khudikyan, owner of AJR Trucking and MDB Transportation, ordered 15 Kenworth T680E and 10 Kenworth K270E battery-electric vehicles from Inland Kenworth in Montebello, Calif.
February 18, 2022Gas, Grocery Price Hikes Spur States to Pursue Tax Relief
Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk and electricity.
February 18, 2022Redwood Materials Works With California on Used Battery Collection
Redwood Materials announced a used battery collection program for California, with Ford and Volvo as project-launch partners.
February 18, 2022Navistar, Nauto Announce Distribution Agreement
Nauto, a provider of AI-based vehicle safety technology, and Navistar International Corp. announced a distribution agreement to make Nauto’s predictive-AI vehicle camera system available for new fleet vehicle purchases or as an upgrade for existing fleet vehicles throughout International Truck’s network of nearly 1,000 dealers.
February 18, 2022Ford CEO Jim Farley Explores Ways to Separate EV Business
Ford Motor Co. is looking at ways to separate its electric vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc. and other pure-play EV makers.
February 18, 2022Lion Electric Launches New Financing Division
Lion Electric Co. announced the launch of LionCapital Solutions, a new division dedicated to providing customers with flexible financing options specifically tailored to the medium- and heavy-duty electric vehicle market.
February 18, 2022Q&A: AutoNation CEO Sees Vehicle Prices Moderating This Year
DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group.
February 18, 2022