Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.
April 22, 2022Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022Trucking Stakeholders Offer Advice, Caution on EPA Proposal
The trucking industry urged federal regulators to consider how a proposal to tighten emissions limits on engines will affect motor carriers, as they’re the ones who will ultimately deploy the equipment subject to the new rules.
April 15, 2022Elon Musk Makes $43 Billion Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.
April 14, 2022EPA’s New NOx Reduction Proposal Debated at Hearing
In an all-day virtual hearing, many of the roughly 140 parties commenting expressed support for the U.S. Environmental Protection Agency’s proposed new rule to tighten nitrogen oxides emissions. Others, however, either viewed the effort as a lost opportunity or attacked it as an overreach.
April 13, 2022Amazon Adds 5% Fuel, Inflation Surcharge for Sellers
Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.
April 13, 2022Japanese EV Battery Company to Build Kentucky Plant
A Japanese electric-vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state’s leadership in battery production, Gov. Andy Beshear said April 13.
April 13, 2022Electric Vehicle Growth Outpaces Installation of Battery Chargers
As electric vehicle sales take off, the number of them on the road is growing faster than the number of public charging points to support them.
April 12, 2022