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BusinessLogisticsGlobal Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
GovernmentBusinessEquipmentFuel

Drop in Diesel Demand Heightens Recession Concerns

鈥淒iesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,鈥 said one expert.

April 17, 2023
GovernmentBusinessEquipmentFuel

Trucking鈥檚 Electric Vs. Hydrogen Battle Starts to Percolate

Purely battery-powered trucks have a head start on hydrogen fuel cells in the race to decarbonize trucks, but due to drawbacks for both technologies, the competition is far from settled.

April 13, 2023
BusinessTechnologySafetyFuel

Tesla Cuts Prices for Second Time This Year

Tesla Inc. marked down all of its vehicles again in the U.S. after price tweaks throughout the first quarter yielded an incremental sales gain.

April 7, 2023
GovernmentBusinessTechnologyEquipmentFuel

Tesla Pursues US Battery Plant With China鈥檚 CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China鈥檚 dominant electric vehicle battery manufacturer.

March 30, 2023
GovernmentBusinessFuel

The World鈥檚 Most Important Oil Price Is About to Change

The world鈥檚 most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.

March 30, 2023
BusinessLogistics

Uber Considering Spinning Off Freight Logistics Division

Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.

March 9, 2023
BusinessTechnologyAutonomous

Founders of Defunct Argo AI Launch New Self-Driving Startup

The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter.

March 7, 2023
GovernmentBusinessTechnology

Ford Is Investing $3.5 Billion in EV Battery Plant With China鈥檚 CATL

Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.

February 13, 2023
GovernmentBusinessTechnologyEquipment

SUVs Emerge as Hot Point in EV Tax Credit Debate

General Motors Co. has taken a central role in pushing the Treasury Department to change how the government defines a sport utility vehicle and expand how many buyers can get electric vehicle tax credits.

January 27, 2023