🔋 Electric yard truck rentals will be all the rage!
Well, if Orange EV has anything to say about it. The first domestic manufacturer to offer all-electric Class 8 vehicles in 2012, Orange EV is successfully operating more than 450 electric yard trucks. The company’s rental program allows operators to utilize its fleet during heavy operational seasons instead of renting unreliable diesel models.
The U.S. Treasury Department recently updated the rules for electric vehicle (EV) tax credits under the 2022 Inflation Reduction Act, stirring up a bit of a storm.
United Parcel Service (UPS) reported a disappointing start to the year with first-quarter earnings revealing a 5.3% drop in revenue and a 31.5% plunge in operating profit compared to last year.
Boeing recently paid Alaska Airlines a hefty $160 million as compensation for grounding their 737 Max 9 jet.
Taiwan's biggest quake since 1999 could jolt the semiconductor supply chain across Asia.
So, Nikola Corp, the electric-vehicle maker, is in a bit of a legal tussle with EMBR.
in a recent development, BlackRock, the world's largest asset manager, is challenging Texas' move to pull out about $8.5 billion from the Texas Permanent School Fund (PSF), alleging it's a boycott against energy companies.
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
In the past year, over a million fully electric cars, trucks, and SUVs were sold in the U.S., marking a record in the country's shift away from gas-powered vehicles.
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.
The European Commission gave the green light to CMA CGM's acquisition of Bolloré Logistics SE, with conditions, following an investigation into potential competition issues.
The US Department of Energy (DOE) is investing $30 million to bolster the electric vehicle battery supply chain in the country.
The EV market is experiencing some shifts: Tesla, Ford, and General Motors are adjusting strategies.
Rivian Automotive Inc. saw its shares bounce back slightly on Monday after a tough week marked by disappointing earnings.
FedEx might actually benefit from losing its colossal contract with the U.S. Postal Service, according to Brandon Oglenski, an analyst at Barclays Bank.
Companies have invested nearly $2 billion to acquire terminal assets from Yellow, comprising 128 properties and 25 leases.
Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.
Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.
Stellantis has made a significant announcement about the separation of 539 supplemental employees from its U.S. manufacturing operations, a move that has sparked concerns, especially from United Auto Workers (UAW) President Shawn Fain.
Warren Buffett's Berkshire Hathaway has completed its acquisition of the final 20% stake in Pilot Travel Centers, a major truck-stop operator.
FedEx is anticipating a significant loss of business with the U.S. Postal Service when its current contract expires.
Lazada, the Southeast Asian e-commerce platform owned by Alibaba, has initiated a new round of layoffs that will be affecting employees across all Southeast Asian markets.
As of January 1st, the Biden administration's updated rules now have a significantly reduced number of electric vehicle models eligible for the popular $7,500 consumer tax credit.
The development of a European battery supply chain for electric vehicles independent of China is facing significant delays as companies shift their focus to the US market due to clean energy subsidies offered by the US Inflation Reduction Act.
A Reuters report highlights Tesla's alleged negligence in addressing known defects in its vehicles, including suspension and steering systems, and making customers pay for repairs.
Forward Air has sold its final-mile business, Forward Air Final Mile (FAFM), to Hub Group for $262 million.
Stellantis, the owner of several car brands, is teaming up with Ample, a California-based startup, to introduce city cars with quick-swappable high-voltage batteries.
The Biden administration has introduced rules aimed at reducing China's influence in the U.S. electric vehicle (EV) supply chain.
China's President Xi Jinping attended a dinner in San Francisco with prominent American CEOs, including Tim Cook of Apple, Elon Musk of Tesla, and Larry Fink of BlackRock, among others.
Chevron's stock decline following an earnings miss has reduced the value of its all-stock acquisition offer for Hess Corp. by approximately $6.5 billion.
Porsche is ramping up its sustainability efforts in logistics by rolling out six new electric trucks across its Zuffenhausen, Weissach, and Leipzig facilities.