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Entek Poised to Get $1.2 Billion US Loan

The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.

July 9, 2024

Canadian Border Agency Staff Ratifies Labor Agreement

Unionized Canadian border agency staff members have ratified a tentative collective bargaining agreement.

July 8, 2024

Congressional Republicans Target EPA Rule

Senior congressional Republicans recently called on the Biden administration to abandon an emissions rule EPA  issued earlier this year specific to the freight sector.

July 8, 2024

TSMC Hits $1 Trillion in Market Value on Relentless AI Rally

Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.

July 8, 2024

May Used Truck Sales Rise 18% From 2023

Used Class 8 truck sales in May increased 18.1% compared with the same period the prior year, ACT Research reported, rising to 22,800 units from 19,300. 

July 8, 2024

Devon to Buy Williston Basin Oil Assets in $5 Billion Deal

Devon Energy Corp. agreed to acquire the Williston Basin business of Grayson Mill Energy for $5 billion as consolidation continues in the U.S. oil patch.

July 8, 2024

Maersk Warns of Shipping Delays Due to Extreme Weather

A.P. Moller-Maersk A/S warned extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays.

July 8, 2024

Sweet 15: XPO’s Sweeney Bound for NTDC Again

WINDSOR LOCKS, Conn. — XPO tank truck driver Richard Sweeney reigned over a deep field to win the Massachusetts trucking championships in early June and advance to his 15th NTDC.

July 3, 2024

Idaho Offers Alerts to Carriers of Driver Record Changes

The Idaho Transportation Department is offering motor carriers an online service that issues alerts about driving license changes, such as expiration dates for CDLs.

July 3, 2024