Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.
October 5, 2023Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are whittling down pandemic-related backlog, but some #supplychain headwinds persist. Steve Brawner has the details. #equipment #manufacturing
October 4, 2023Ford Electric F-150 Sales Drop 46% as Deliveries Delayed
Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.”
October 4, 2023US Automakers’ Sales Rose Sharply Over the Summer
DETROIT — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies.
October 4, 2023Carriers Face Growing Cybersecurity Challenges
Increasing vehicle connectivity and automation is making cybersecurity an increasingly important subject for fleet maintenance executives and managers.
October 6, 2023Cummins Unit Completes Acquisition of Faurecia Plants
Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million, Cummins Inc. said.
October 3, 2023In the Race to Electrification, Buses Are Leading the Pack
All over the world, buses are quickly and quietly going electric.
October 6, 2023Texas to Invest $240 Million in 31 Port Projects
Thirty-one port projects in Texas will begin receiving an estimated $240 million in state funds to improve those facilities and bolster the state’s supply chains.
October 3, 2023Freight Industry Confronts Climate Change
The North American Council for Freight Efficiency coined the term “Messy Middle.” It refers to the fact that there is more than one way to attack the problem of climate change.
October 6, 2023Hendrickson Buys Brake Component Specialist Brunner
Hendrickson acquired commercial vehicle brake component specialist Brunner for an undisclosed sum Oct. 2, the Woodridge, Ill.-based company said.
October 3, 2023