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Business, Technology, Fuel

Nikola Signs Battery Deal With Proterra for Electric Big Rigs

Nikola

Nikola Corp. announced a long-term supply agreement with Proterra Inc. for battery technology, giving the electric big-rig maker a second source for the critical components.

Ed Ludlow | Bloomberg News
January 18, 2022
Business, Technology, Equipment, Fuel

Chinese EVs Find Niche Making Shorthaul Deliveries in Japan

EVs

Logistics companies in Japan, striving to cut costs and make the most out of the pandemic-inspired online shopping boom, are finding an unlikely white knight in Chinese electric vehicle manufacturers, whose vans make last-mile deliveries not only cheaper, but cleaner as well.

Shiho Takezawa | Bloomberg News
January 18, 2022
Business, Technology, Top 100

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

Shoppers

Walmart Inc. is preparing to create its own cryptocurrency and collection of nonfungible tokens, filings with the U.S. Patent and Trademark Office show, setting the stage for meeting its customers in the emerging metaverse.

January 18, 2022
Government, Business, Logistics

Ocean Shipping Rates Driving Inflation, Experts Caution

Supply Chain

Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.

January 18, 2022
Crossword

Crossword Puzzle Solution for January 17, 2022

Crossword solution

Here's the solution to the crossword puzzle found in the January 17, 2022 print edition.

January 17, 2022
Government, Business, Technology, Fuel

Milton Wants to Inspect Nikola Vehicles Feds Say He Lied About

Trevor Milton exits federal court in July 2021

Nikola Corp. founder Trevor Milton claims federal prosecutors refused access to company’s vehicles and equipment he says are crucial to his defense against fraud charges.

Chris Dolmetsch | Bloomberg News
January 14, 2022
Business, Technology, Fuel

VTNA Slates Production on Enhanced VNR Electric for Q2

Volvo's next-generation VNR Electrick truck

Volvo Trucks North America announced production of the enhanced Volvo VNR Electric model will begin in the second quarter.

January 14, 2022
Business, Top 100

Two Key Executives to Depart Walmart

The Walmart logo is displayed on shopping carts outside a store in Burbank, Calif.

Walmart Inc. is losing two key executives in its U.S. operation as the retail giant ramps up its online offerings and attempts to reverse last year’s disappointing stock market performance.

Brendan Case | Bloomberg News
January 14, 2022
Government, Business, Safety

DOT Dedicates $27 Billion to Bridge Repairs Nationwide

 President Joe Biden speaks about the Bipartisan Infrastructure Law  on Jan. 14

The Transportation Department is launching a $27 billion program to repair and upgrade roughly 15,000 highway bridges as part of the infrastructure law approved in November.

Noël Fletcher | Staff Reporter
January 14, 2022
Business, Technology, Equipment

Bollinger Motors Shifts Focus to Medium-Duty Trucks

Bollinger truck

Bollinger Motors announced a postponement to its consumer-truck production and delivery.The electric vehicle manufacturer intends now to focus its efforts on commercial all-electric platforms and chassis cabs for commercial vehicles in Classes 3-6.

January 14, 2022
Business, Logistics

December Retail Sales Slip After Record Holiday Season

Shoppers walk through a New York City Macy's in November 2021.

NEW YORK — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Jan. 14 show that after spending robustly early in the holiday season, consumers sharply slowed their...

Anne D’Innocenzio | Associated Press
January 14, 2022
Business, Technology, Equipment

Geodis Announces Recent Promotions

Geodis is a global supply chain operator that offers supply chain optimization, freight forwarding, contract logistics, distribution and road transport.

January 14, 2022
Business, Technology, Equipment, Safety, Fuel

Volvo Receives Recognition for Clean Air Technology

Volvo Group North America won an award for its clean air technology efforts, the company announced last month.

January 14, 2022
Business, Safety

Thieves Raiding Rail Cargo Containers in Los Angeles

Shredded boxes and packages at a section of the Union Pacific train tracks in downtown Los Angeles

LOS ANGELES — Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.

January 14, 2022
Business, Technology, Equipment

Covenant Signs Letter of Intent for 50 Nikola Vehicles

Nikola

Covenant Logistics Group is planning to add 50 zero-emission vehicles from Nikola Corp. to its fleet, the logistics company announced Jan. 11.

January 14, 2022
Business, Technology, Equipment

ZF Launches New Commercial Vehicle Solutions Division

ZF

ZF announced the launch of its new Commercial Vehicle Solutions division.

January 14, 2022
Government, Business, Technology, Fuel

Nikola BEV Qualifies for CARB Voucher Incentives

Nikola Tre BEV

Nikola Corp. announced its Nikola Tre battery-electric vehicle is eligible for the hybrid and zero-emission truck and bus voucher (HVIP) incentives from the California Air Resources Board.

January 14, 2022
Government, Business

Industrial Output Falls 0.1% Amid Supply Issues

Ford Rangers at factory

WASHINGTON — U.S. industrial production fell 0.1% in December, the first decline since September, with manufacturers still struggling with snarled supply chains.

Martin Crutsinger | Associated Press
January 14, 2022
Government, Business, Fuel

Diesel Markets Are Soaring All Over the World

fuel tanker

Diesel markets are jumping everywhere, a positive indicator for oil prices more widely.

January 14, 2022
Business, Technology, Equipment, Fuel

Makers of Electric Pickups Target Work Truck Crowd

Rivian pickup

Automakers are targeting the job site with electric pickup trucks.

David Welch | Bloomberg News
January 14, 2022