The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects.
October 22, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
BMW Recalls 700,000 Cars in China Over Coolant Pump Issues
Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.
October 18, 2024Biden Administration Pledges $2B to Reinforce Electric Grid
The funding for 32 projects is being made available through the Energy Department and will span 42 states. Investments will include utilities damaged by hurricanes Helene and Milton.
October 18, 2024Tesla’s Full Self-Driving Under Investigation by NHTSA
NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions.
October 18, 2024Northvolt Close to $300M Deal to Address Cash Flow Issues
A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.
October 17, 2024EV Manufacturer Revoy Unveils Ryder as First Customer
Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.
October 17, 2024PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout
The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.
October 17, 2024Consumers Switch to Slower Shipping, Squeezing UPS, FedEx
More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.
October 17, 2024Supreme Court Greenlights EPA’s Power Plant Emission Rules
Opponents, including trade groups and companies in the power and mining industries, were seeking to halt the rules while a legal challenge goes forward at a federal appeals court.
October 16, 2024Toyota Joins With Boston Dynamics on AI-Powered Robots
Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.
October 16, 2024