$1 Billion SPAC Deal Highlights Industry Shift
Appian Capital Advisory has successfully sold the Santa Rita nickel mine and Serrote copper-gold project in Brazil for a total of $1.065 billion.
NHTSA Reports Decrease in Traffic Fatalities during the First Quarter of 2023
According to projections released by the National Highway Traffic Safety Administration (NHTSA), traffic fatalities in the first three months of 2023 decreased by approximately 3.3% compared to the same period in 2022.
Addressing the Pacific Lift Challenge
The US military's preparations for conflict in the Pacific are being hindered by inadequate logistics planning, according to Bradley Martin and Christopher Pernin of the RAND Corporation.
Logistics Plus adds to European operations
Logistics Plus Inc., a logistics service provider based in Erie, Pennsylvania, has acquired Dutch company Jan Krediet in order to expand its presence in Europe.
NASA Media Invitation: Covering the Asteroid Sample Return
NASA's OSIRIS-REx mission is set to deliver the agency's first asteroid sample collected in space to Earth on September 24, 2023.
Yellow Subsidiary Settles EEOC Claim Over Gender Discrimination in Driver Hiring
Yellow Corp. subsidiary USF Holland has agreed to pay $490,000 to settle a lawsuit filed by the Equal Employment Opportunity Commission (EEOC) alleging gender discrimination in the hiring of truck drivers.
Bud Light Unveils New Ad Campaign to Spark a Turnaround
Bud Light aims to reverse it’s declining sales by launching a new marketing campaign designed to overcome adversity.
Rise in Diesel Trucks Addresses Cargo Demand in California Amid Electric Vehicle Shortfall
California's Advanced Clean Fleets rule, set to take effect in six months, is already causing unintended consequences for the drayage industry responsible for transporting cargo at the ports of Los Angeles and Long Beach.
Federal Reserve Chair Powell Reaffirms Expectation of Further Rate Hikes Amid Persistent High Inflation
Federal Reserve Chair Jerome Powell reaffirmed the likelihood of raising interest rates at least once more this year due to persistent inflation in the service sector and a tight job market.
Nevada Desert's Tabletop Flat, Vital for Satellite Calibration, Faces Opposition from NASA Regarding Lithium Mining
Opposition to lithium mining in Nevada's desert comes not only from environmentalists and tribal leaders but also from an unexpected source: space.
When was the first electrically powered windshield wiper invented?
In 1917, Charlotte, a woman inventor, built upon Mary Anderson's manual windshield wiper design.
Expectations of Further Rate Hikes in 2023
Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.
Loadsmith's Ambitious Plan to Deploy 800 Kodiak Self-Driving Trucks
Third-party Capacity-as-a-Service startup, Loadsmith, is making a bold move in the logistics industry by ordering a whopping 800 autonomous trucks from Kodiak Robotics.
China's Electric-Vehicle Battle Goes Global
Chinese electric vehicle (EV) manufacturers, led by companies like BYD, are encountering obstacles as they expand their presence overseas due to rising protectionism.
Deepening Duck Curves Accompany California's Growing Solar Capacity
As solar capacity in California continues to grow, grid operators are facing challenges related to the "duck curve."
Navistar Unveils Impressive Results from International SuperTruck II Project
Navistar, in collaboration with the U.S. Department of Energy, has announced the successful outcomes of the International SuperTruck II project.
New ‘flying taxis’ from France will fly passengers at the 2024 Olympics
Paris is setting the stage for a transportation revolution as it prepares for the 2024 Olympic and Paralympic Games by planning a fleet of electric flying taxis.
Freight Sector Nears Turning Point as Depressed Market Rebalances in May
The freight sector is on the cusp of a turning point as the market rebalances and prepares for a rebound in business conditions, according to ACT Research.
FedEx Anticipates No Benefit from UPS-Teamsters Negotiations
FedEx does not expect any significant benefits from the ongoing labor negotiations between UPS and the International Brotherhood of Teamsters, according to EVP and Chief Customer Officer Brie Carere.
TuSimple Achieves Landmark Milestone with First Successful Autonomous Road Test in China
TuSimple, an autonomous technology developer, has achieved a significant milestone by completing China's first fully autonomous semi-truck runs on open public roads without a human driver or intervention.