Apollo Global Management agreed to pay BP Plc $1 billion for a stake in a key Caspian-region natural gas pipeline.
September 16, 2024Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
RXO Becomes Third-Largest Freight Broker With Coyote Deal
RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.
September 16, 2024Idea Leads to EV Charger Maintenance Business
LOS ANGELES — Kameale Terry saw it coming before almost anyone else did. She realized the expanding network of electric vehicle charging stations would need a workforce to maintain it.
September 16, 2024VW Weighs Cutting 15,000 Staff on Plant Closures
Volkswagen AG could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, according to analysts at Jefferies.
September 16, 2024Jimmy Haslam Backs Initiative to Cut Heavy Industry Emissions
Cleveland Browns owner Jimmy Haslam’s family office HF Capital has committed $725 million to help launch an initiative aimed at decarbonizing heavy industry, it announced Sept. 16.
September 16, 2024Platform Science to Acquire Trimble’s Fleet Telematics Units
As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.
September 15, 2024Daimler Broadens Global Platform of Electric Vehicles, Services
The company introduced a dedicated brand for its global charging infrastructure initiatives and broadened the scope of its financial services business.
September 15, 2024PepsiCo, Maersk, Others Team Up on Electric Truck Pilot
A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.
September 17, 2024House Passes GOP-Led Electric Vehicle Bill
The recent passage of legislation specific to EVs in the House is the latest effort from congressional Republicans pushing back on the Biden administration’s transportation agenda.
September 13, 2024New Norfolk Southern CEO Calls Last 18 Months ‘Brutal’
Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.
September 13, 2024