CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission.
October 3, 2023Search
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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.
What’s Next for Alternative Fuels?
What will be the next step in the investments of alternative fuels and electric vehicles for fleets? The guests in our latest Transport Topics’ Magazine Event Series, SPARK, offer insight.
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, 2023Big Automakers: Future Fuel Economy Rules Unfairly Target Us
General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.
October 2, 2023Diesel Price Nudges Up 0.7¢ a Gallon to $4.593
The national average diesel price nudged up seven-tenths of a cent to reach $4.593 a gallon, according to Energy Information Administration data released Oct. 2.
October 2, 2023Bettaway Launches EV Tractor Rollout to Support Arizona Tea
Bettaway Supply Chain Services entered the electric vehicle space with the introduction of two all-electric yard tractors Sept. 26 to support its logistics operations in New Jersey.
September 29, 2023Nikola Celebrates Entry Into HFCEV Market
COOLIDGE, Ariz. — Nikola celebrated the commercial launch of its hydrogen fuel cell electric vehicles with 900 of its customers, suppliers and supporters at its manufacturing facility Sept. 28.
September 29, 2023Plunging US Oil Supply Is Driving Up Prices Around the World
Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.
September 29, 2023Daimler Fuel Cell Truck Completes Long-Distance Run
BERLIN — Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.
September 28, 2023