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XPO Opens Its Largest Facility, Employing 450 in Pennsylvania

XPO has opened its largest operation, a 273,000-square-foot facility on 121 acres near Carlisle, Pa., that is one of 28 former Yellow facilities that XPO purchased for about $800 million.

June 11, 2025

GM to Invest $4B to Shift Some Production From Mexico to US

GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

June 11, 2025

Autonomous Truck Firm Plus to Go Public Via Churchill SPAC

Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.

June 11, 2025

Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22

Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.

June 11, 2025

Steel Tariff Talks Between US, Mexico Nearing Resolution

Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.

June 10, 2025

Senate Decision Could Affect Billions in Hydrogen Deals

The Senate is considering a plan to save a lucrative tax credit for hydrogen production that would be scrapped under the tax-and-spending bill passed by the House, key Republicans said.

June 10, 2025

Tesla, Musk Tease Robotaxi Launch With Driverless Demo

Tesla executives including Elon Musk promoted a video of one of its vehicles driving in Austin with nobody behind the wheel, hinting that it’s close to launching its robotaxi service there.

June 10, 2025

Hybrid TRUs Gain Ground in Refrigerated Trucking

Refrigeration technology for temperature-controlled trailers has expanded beyond conventional diesel-powered refrigeration units to a growing number of greener alternatives.

June 10, 2025

Auto Parts Supplier Marelli Plans Bankruptcy Filing

Marelli Holdings, the struggling auto parts supplier for Nissan and Stellantis, plans to seek Chapter 11 bankruptcy protection in the U.S. to slash its debt burden and restructure.

June 10, 2025