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Tesla Co-Founder J.B. Straubel Built an EV Battery Colossus

Redwood Materials, started by Tesla co-founder J.B. Straubel, is attempting to create a domestic loop using recycled critical metals for lithium-ion batteries.

Tom Randall | Bloomberg News
April 19, 2024

Geely to Sell $1.32 Billion of Volvo Truck Shares

Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.

Craig Trudell | Bloomberg News
April 19, 2024

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

Craig Trudell | Bloomberg News
April 19, 2024

Weather Sensors Will Aid Autonomous Trucks in Fort Worth

The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.

Jaime Moore-Carrillo | Fort Worth Star-Telegram
April 18, 2024

Report: Drug Clearinghouse Creates Advantages, Challenges for Industry

On Nov. 18, the Federal Motor Carrier Safety Administration will start notifying state licensing agencies when a driver licensed in a state is newly prohibited in the Drug & Alcohol Clearinghouse.

April 18, 2024

Maryland Leaders Push for Federal Aid

The governor of Maryland in pointed remarks challenged federal lawmakers to see for themselves the devastation wrought by the collapse of the Francis Scott Key Bridge.

Eugene Mulero | Senior Reporter
April 18, 2024

Capitol Hill Republicans Press Acting Labor Secretary Su

During a U.S. House subcommittee hearing with acting Labor Secretary Julie Su on April 17, a Republican lawmaker on the panel raised concerns about a federal employee classification rule.

Eugene Mulero | Senior Reporter
April 18, 2024

A Weakening Diesel Market Is Becoming a Problem for Oil

The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.

April 18, 2024

March Trailer Orders Continue Year-Over-Year Declines

U.S. trailer orders for March declined on both an annual and monthly basis, ACT Research reported.

Connor D. Wolf | Staff Reporter
April 18, 2024