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US, Japan Reach Deal on Vital Minerals for EV Batteries

TOKYO — Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources.

March 28, 2023

Lyft Names David Risher New CEO as Co-Founder Steps Down

Lyft Inc. tapped David Risher to be its new CEO, replacing co-founder Logan Green as the ride-hailing company struggles to compete with bigger rival Uber Technologies Inc.

March 27, 2023

Velocity Buys 200 Battery-Electric Trucks for Rental Fleet

Velocity Truck Rental & Leasing is adding 200 battery-electric trucks to its commercial truck rental and full-service truck leasing business, the company announced March 22.

March 27, 2023

Union Pacific to Drop Push for One-Person Crews

OMAHA, Neb. — Union Pacific has become the second major freight railroad in the past week to back away from the industry’s long-standing push to cut train crews down to one person.

March 27, 2023

Technology Helps Minimize Tractor-Trailer Pairing Errors

Some carriers are using technology designed to help prevent drivers from picking up the wrong trailer, and some telematics vendors are developing tractor-trailer pairing capability.

March 27, 2023

Ford CEO Says Next Electric Pickup Truck Will Drive Itself

Ford Motor Co. plans to make driver-assistance features central to the next electric F-Series pickup — so much so that you might be able to take a snooze at 60 mph.

March 24, 2023

Geely’s Farizon Auto to Seek Cash Before IPO

Farizon Auto, Zhejiang Geely Holding Group Co.’s new energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of a potential U.S. initial public offering, according to people familiar with the matter.

March 24, 2023

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

March 24, 2023

Walmart Cuts Staffing Levels at Some E-Commerce Warehouses

Walmart Inc. is cutting staffing levels at some e-commerce fulfillment centers in the U.S. as the nation’s largest private-sector employer steps up investment in automation.

March 23, 2023