XL Fleet Added to Russell 3000, 2000 Indexes
XL Fleet Corp., a provider of hybrid electrification solutions for Classes 2-6 commercial and municipal vehicles, announced it has been added to the Russell 3000 Index and the U.S. Small Cap Russell 2000 Index effective June 28.
June 28, 2021Schumer, Buttigieg Vow to Advance NYC Gateway Tunnel
Senate Majority Leader Chuck Schumer and Transportation Secretary Pete Buttigieg vowed to advance a long-delayed rail tunnel connecting New York and New Jersey using money expected to be appropriated this year.
June 28, 2021Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix
Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.
June 28, 2021Chip Shortage Will Get Worse, Intel CEO Says
Intel Corp. CEO Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve.
June 25, 2021Tech Giants Make Push Into Autonomous Driving
For tech giants that are diving into self-driving tech or have grand plans for their own cars, that push isn’t just about breaking into a new market — it’s about defending valuable turf.
June 25, 2021Embark to Go Public, Merge With SPAC in $4.5 Billion Deal
Self-driving truck technology company Embark Trucks Inc. has entered into a definitive business combination agreement with Northern Genesis Acquisition Corp. II, a special purpose acquisition company.
June 24, 2021Keeping CSA Scores in Check – The Safety Management Cycle
Program Aired: June 24, 2021. Improving your CSA scores is an ongoing process that needs constant attention and monitoring across many areas of your business. The safety management cycle is used by authorities to assess your compliance performance and it should be used by carriers to ensure your processes are pointing towards keeping your CSA scores low.
June 24, 2021Biden, Key Lawmakers Agree on Bipartisan Infrastructure Deal
President Joe Biden announced on June 24 that “we have a deal,” signaling a bipartisan agreement on a $953 billion infrastructure plan that would achieve his top legislative priority and validate his efforts to reach across the political aisle.
June 24, 2021Infrastructure Deal Closer With Biden, Senators Meeting June 24
President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.
June 24, 2021FET on Heavy-Duty Trucks Deters Sales, ATD Says
Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.
June 23, 2021