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US to Loan EV Battery Parts Maker $671M for Georgia Plant

The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.

October 16, 2024

Biodiesel Projects Win $1.85 Million in Iowa Grants

Iowa is incentivizing biodiesel production with $1.85 million in new biofuel grants announced by state Agriculture Secretary Mike Naig to support rural jobs.

October 15, 2024

EU Plans Tariff Strategy if Trump Returns to White House

The EU’s favored approach would be to seek an agreement with Trump on some areas of common interest such as China, said one of the people, who spoke on the condition of anonymity.

October 15, 2024

DeSantis Grants SeaPort Manatee $9.5M After Hurricane Milton

Florida Gov. Ron DeSantis awarded SeaPort Manatee a $9.5 million grant to help repair berths and infrastructure after the port sustained $225 million in damages from Hurricane Milton.

October 15, 2024

EV Chipmaker Wolfspeed Wins $1.5 Billion Financing

Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

October 15, 2024

BMW CEO: EU Combustion Engine Ban Is ‘No Longer Realistic’

Europe’s plan to effectively ban the sale of combustion engine cars from 2035 will lead to a “massive shrinking” of its automotive industry, according to BMW AG CEO Oliver Zipse.

October 15, 2024

FedEx’s ‘Panda Express’ Lands in Washington

A pair of 3-year old giant pandas have left a research facility in Dujiangyan, China, and were flown via FedEx's Panda Express to Washington.

October 15, 2024

Spear: ATA Will Keep Leading No Matter Election's Outcome

NASHVILLE, Tenn. — American Trucking Associations President Chris Spear celebrated the industry’s array of policy accomplishments during his annual State of the Industry address.

October 14, 2024

Virginia to Fund Logistics Training, Business Sites

Two logistics projects and six proposed business development sites will receive state funds from a $2.5 million package of 21 grants that Virginia recently awarded.

October 14, 2024