TCA
Full Port of Baltimore Channel Set to Open by June 10
The Army Corps of Engineers now expects to have the full Federal Channel into Port of Baltimore open by June 10 at the latest, a slightly later target than their original timeline of late May.
EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.”
Parts Suppliers Fear a Crash With Shift to EVs
Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.
NHTSA Investigates After 4 Die in Crash of VinFast EV
NHTSA has opened an investigation into VinFast’s first U.S. electric vehicle model less than a month after four family members were killed in a one-car accident in the California Bay Area.
Unsteady EV Demand Drives Automaker-Supplier Tension
Rising costs and unsteady demand for EVs remain major sources of friction between automakers and their suppliers, according to a new survey examining supplier-automaker relationships.
Motional Halts Las Vegas Commercial Self-Driving Operations
Autonomous vehicle company Motional is halting its Las Vegas commercial self-driving operations and laying off 129 Southern Nevada employees.
GXO Opens Warehouse in Maryland for Conair
GXO Logistics has opened an approximately 2.1 million-square-foot distribution center in Maryland, a facility that will exclusively serve Conair.
Performance Food Group Takes Electric Plunge
Performance Food Group has seven electric trucks, supported by an array of charging stations, an upcoming installation of solar panels and a fleet of all-electric refrigerated trailers.
Stellantis Shipments Fall Amid Transition to New Vehicles
Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.
First Ship Leaves Port of Baltimore via Deeper Channel
The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.