LANSING, Mich. — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced March 22.
March 22, 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.
Iowa Towns Negotiate With Canadian Pacific Over Train Traffic
Cities along the Mississippi River and Canadian Pacific officials are talking about ways to measure and address the impact of its proposed merger with Kansas City Southern. The consolidation could triple the train traffic in the Iowa Quad-Cities.
March 22, 2022Locomation, Christenson Partner on Automated Truck Deployment
LAS VEGAS — Automated truck developer Locomation has signed an eight-year agreement with Christenson Transportation to deploy its human-guided autonomous convoy technology.
March 22, 2022Tesla ‘Gigafactory’ Opens in Germany
BERLIN — Electric car manufacturer Tesla is opening its first European factory March 22 on the outskirts of Berlin in an effort to challenge German automakers on their home turf.
March 22, 2022Repowr Closes $4.2 Million Seed Round
Repowr, a collaborative logistics marketplace and digital-leasing platform, announced it closed a $4.2 million seed round.
March 21, 2022Navistar Plans Platform Science Integration
Navistar is teaming with Platform Science to add telematics solutions to its trucks, the companies announced March 21.
March 21, 2022As Gas Prices Rise, Towns Add Electric Car Charging Stations
ASBURY PARK, N.J. — A wave of new electric vehicle charging stations across the country is coming as interest in alternatives to gasoline-powered vehicles is on the rise, though most of the plans were in the works before recent gasoline price spikes.
March 21, 2022Traton Posts Strong Profit, Revenue Gains in Q4
Traton Group reported operating income and revenue rose sharply in 2021 compared with a year earlier, amid its strong truck and service businesses, and the integration of new U.S. subsidiary Navistar.
March 21, 2022GM Buys SoftBank’s $2.1 Billion Stake in Cruise
General Motors Co. bought out the SoftBank Vision Fund 1’s stake in self-driving startup Cruise for $2.1 billion, ending the Japanese investment firm’s stake in the business and giving the Detroit automaker 80% ownership.
March 18, 2022Morgan Unveils Electrified Refrigerated Concept Truck Body
Morgan Truck Body announced a new electrified refrigerated concept truck body.
March 18, 2022