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Biden Signs Bill Easing Veterans’ Access to CDL Schools

The bill Biden signed into law Oct. 1 seeks to guarantee accredited CDL schools can accommodate veterans at new branches. Previous law had mandated a two-year waiting period.

October 8, 2024

Honda Leaves Door Open to Revise EV Strategy

Honda said it’s open to altering its electrification road map if demand for pure battery cars continues to wane, a sign the automaker may join international peers in walking back EV targets.

October 8, 2024

Charging Developer Terawatt Opens First Facility for Fleets

Terawatt Infrastructure’s truck charging ambitions took a step forward with the opening of its first full-build light-duty fleet facility.

October 9, 2024

Wyoming Wildfires Prompt Emergency Livestock Transport

With wildfires still threatening Wyoming’s landscape and livestock, Gov. Mark Gordon has renewed two emergency orders to streamline the transportation of animals and their feed.

October 8, 2024

Northvolt Unit Files for Bankruptcy as Expansion Plan Halted

Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden.

October 8, 2024

Continental Picks Goldman, JPMorgan for Car Parts Spinoff

Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.

October 8, 2024

Trade Gap Narrows to Smallest in Five Months

The U.S. trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in merchandise exports.

October 8, 2024

PepsiCo Lowers Revenue Forecast as Sales Growth Weakens

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.

October 8, 2024

J.B. Hunt to Back Freight, Logistics Startup Incubator

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.

October 8, 2024