Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden.
October 8, 2024Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Continental Picks Goldman, JPMorgan for Car Parts Spinoff
Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.
October 8, 2024Trade Gap Narrows to Smallest in Five Months
The U.S. trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in merchandise exports.
October 8, 2024PepsiCo Lowers Revenue Forecast as Sales Growth Weakens
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.
October 8, 2024J.B. Hunt to Back Freight, Logistics Startup Incubator
The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.
October 8, 2024Hurricane Milton Takes Aim at Tampa Bay as Category 4 Storm
TAMPA, Fla. — Hurricane Milton weakened slightly but remained a ferocious storm that could land a once-in-a-century direct hit on the populous Tampa Bay region with towering storm surges.
October 8, 2024Diesel Price Rises 4¢ to $3.584 a Gallon
The national average diesel price increased 4 cents to $3.584 per gallon, according to U.S. Energy Information Administration data released Oct. 7.Â
October 7, 2024Rivian Faces Delays, Cuts Production After Supplier Misstep
Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.
October 7, 2024Hurricane Milton Is Now a Disastrous Category 5 Storm
This makes Milton one of the most powerful storms produced in the Atlantic this year, rivaled only by Hurricane Beryl, which raked Texas, Mexico and the Caribbean in July.
October 7, 2024WYDOT Rolls Out Web-Based Permitting for Heavy Loads
Launched on Oct. 1, the ProMiles commercial web-based system streamlines the administration of self-issued permits while maintaining existing state permit requirements.
October 7, 2024