Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders
No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.
February 28, 2022Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Chevron to Buy Renewable Energy Group for $3.1 Billion
Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of CEO Mike Wirth’s four-year tenure.
February 28, 2022Hyliion Receives Order for 50 Hypertruck ERX Powertrains
Hyliion Holdings Corp. announced private fleet GreenPath Logistics ordered 50 Hyliion Hypertruck ERX powertrains.
February 28, 2022Embark Partners With Alterra on Transfer Points
Autonomous truck software developer Embark Trucks Inc. announced a strategic partnership with Alterra Property Group, a real estate investment company focused on industrial outdoor storage properties, to identify and launch transfer-point sites across the Sunbelt.
February 28, 2022Blacklisted Chinese Chipmaker Seeks Vindication in US Trial
A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.
February 28, 2022Toyota Idles All Japan Plants Due to Supplier System Outage
Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.
February 28, 2022BP Exits Stake in Russian Oil, Gas Company Rosneft
BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.
February 28, 2022Navistar, MAN Executives Switch Posts Under Traton
Göran Nyberg, executive member for sales and customer solutions at MAN Truck & Bus SE, will join Navistar as executive vice president of commercial operations March 1.
February 25, 2022Exxon to Build $400 Million Wyoming Carbon-Capture Project
Exxon Mobil Corp. reached a final investment decision on expanding a carbon-capture facility at LaBarge in Wyoming with the $400 million endeavor expected to start up by 2025.
February 25, 2022Northvolt Plans a Third Battery Materials Factory in Sweden
Northvolt AB plans to convert a closed paper mill in Sweden into a new battery materials factory, adding a third production facility in the Nordic country to supply demand fueled by the growing electrification of transport.
February 25, 2022