Lightning Soars on Deal With Buffett-Backed Bus Maker
Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.
August 10, 2021Railroad Bidding War Back On: CP Ups Bid for KCS
NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.
August 10, 2021Permian Basin Gets Vote of Confidence With Infrastructure Plan
The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling.
August 9, 2021Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant
Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently.
August 9, 2021Trucker Tools Partners With Anytrek to Expand Carrier Visibility
Trucker Tools has partnered with Anytrek to expand information available in its real-time visibility platform, the companies announced Aug. 3.
August 9, 2021Xos to Supply FedEx Ground With 120 Medium-Duty EVs
Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.
August 9, 2021Startup TextLocate Seeks to Improve Freight Tracking
In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.
August 9, 2021Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil
A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.
August 9, 2021KC Southern Shareholders Should Vote for CN Offer, ISS Says
Canadian National Railway Co.’s $30 billion takeover bid for Kansas City Southern received a boost Aug. 6 when a prominent shareholder advisory firm recommended that shareholders support the deal.
August 9, 2021Kenworth T680 Next Generation Earns EPA SmartWay Designation
One of Kenworth Truck Co.’s new models received a government designation certifying its energy efficiency and reduced emissions, the original equipment manufacturer announced Aug. 5.
August 9, 2021