SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.
August 6, 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.
Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024Aurora Raises $483 Million From Public Offering
Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.
August 5, 2024US Reportedly Moves to Ban China Software in Autonomous Cars
The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.
August 5, 2024Cummins Q2 Profit Rises on Higher Generator, Engine Sales
An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.
August 2, 2024British Columbia Investing in Hydrogen Hub on Highway 16
Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.
August 2, 2024Future of Combustion Engines Promises Efficiency, Green Fuels
Advanced researchers and engine makers say the internal combustion engine’s ability to be more efficient and run on greener fuels means an extended life.
August 2, 2024NACFE Report Explores Fleets Fueling With Natural Gas
The North American Council for Freight Efficiency produced a confidence report to assist fleet decision-makers in making informed choices on whether to switch to natural gas fuel.
August 2, 2024Biden’s ‘Infrastructure Decade’ Becoming More Concrete
A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.
August 1, 2024Text Message Scammers Seek Fake Toll Fees in Multiple States
The FBI and tolling operators across the nation are issuing warnings about “smishing” text message scams asking people to pay fake toll charges on fraudulent websites.
July 31, 2024