Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.
April 15, 2024Search
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New Intangles Service Helps Truckers Find Mechanic Shops
Intangles launched a new product designed to help truck drivers find a mechanic while on the road before vehicle issues occur, the predictive maintenance company announced April 11.
April 15, 2024Amazon Becomes the Largest US Private EV Charging Operator
Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.
April 15, 2024Tesla to Cut Over 10% of Workforce in Global Retrenchment
Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.
April 15, 2024US to Provide $6.4 Billion to Samsung to Make Computer Chips
WASHINGTON — The Biden administration will provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.
April 15, 2024Source: Ship That Hit Bridge Had Power Issues While Docked
BALTIMORE — The containership that caused the collapse of a Baltimore bridge experienced apparent electrical issues before it left port but set out anyway, a source told the AP on April 15.
April 15, 2024Reopening of Ex-Yellow LTL Terminals Gathers Pace
Reopening of former Yellow Corp. terminals quickened in recent days, with multiple less-than-truckload players introducing additional doors they bought at auction.
April 14, 2024Kenan Advantage Group Owner Omers Exploring IPO
Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.
April 12, 2024Wyoming Helps Navigational Apps Improve Road Closure Data
Wyoming is sharing road closure data directly with Google and other navigation companies to save lives when Interstate 80 travelers find themselves stranded in bad weather.
April 12, 2024Consumer Sentiment Falls Slightly in April
WASHINGTON — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.
April 12, 2024