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, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
BP 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, 2022Chevron 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, 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, 2022Rocky Mountain States to Team Up on Hydrogen Tech Proposal
CHEYENNE, Wyo. — Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Feb. 24.
February 25, 2022Hyliion Posts First-Ever Revenue in Q4
Hyliion Holdings Corp. reported a fourth-quarter net loss and modest first-time revenue as its work on providing electrified powertrains for Class 8 trucks continued.
February 24, 2022TMC to Tackle Electrification in First Annual Meeting Since 2020
American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.
February 24, 20223G Sunset Taking Some Devices Offline
Cellular service providers are shutting down their 3G networks this year, a shift that could impact legacy wireless systems that some fleets are still using, experts said.
February 24, 2022