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Intel to Make Custom AI Chip for Amazon, Delay German Plant

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.” 

September 17, 2024

RXO Becomes Third-Largest Freight Broker With Coyote Deal

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

September 16, 2024

Idea Leads to EV Charger Maintenance Business

LOS ANGELES — Kameale Terry saw it coming before almost anyone else did. She realized the expanding network of electric vehicle charging stations would need a workforce to maintain it.

September 16, 2024

Jimmy Haslam Backs Initiative to Cut Heavy Industry Emissions

Cleveland Browns owner Jimmy Haslam’s family office HF Capital has committed $725 million to help launch an initiative aimed at decarbonizing heavy industry, it announced Sept. 16.

September 16, 2024

Platform Science to Acquire Trimble’s Fleet Telematics Units

As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.

September 15, 2024

Daimler Broadens Global Platform of Electric Vehicles, Services

The company introduced a dedicated brand for its global charging infrastructure initiatives and broadened the scope of its financial services business.

September 15, 2024

PepsiCo, Maersk, Others Team Up on Electric Truck Pilot

A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.

September 17, 2024

House Passes GOP-Led Electric Vehicle Bill

The recent passage of legislation specific to EVs in the House is the latest effort from congressional Republicans pushing back on the Biden administration’s transportation agenda.

September 13, 2024

NTSB Describes Effort to Douse Tesla Semi Fire

WASHINGTON — California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to extinguish flames after a crash, NTSB said Sept. 12.

September 13, 2024