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FreightVana Buys Brokerage Operations of Loadsmith

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

December 9, 2024

Continental Launches Longhaul Drive Tire

Continental launched a new longhaul drive tire for the U.S. market.

December 9, 2024

RXO Invests $13.7 Million to Expand in North Carolina

North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.

December 9, 2024

Former Ram Boss Back at Stellantis After Tavares’ Ouster

Former Stellantis NV executive Tim Kuniskis will rejoin the automaker to run the Ram pickup brand as the company plots a turnaround following the ouster of CEO Carlos Tavares.

December 9, 2024

Mack Expands EV Certified Dealer Network

Mack Trucks now has 65 electric vehicle certified dealers in North America, it said.

December 9, 2024

US Mulls Backing Brazilian Nickel Plant With Up to $550M

The U.S. government is considering whether to provide a loan of up to $550 million to help developing a nickel and cobalt mine in Brazil’s Northeast.

December 9, 2024

Biden Sets Last-Minute Auction of Arctic Refuge Oil Rights

The Biden administration plans to sell drilling rights in the Arctic National Wildlife Refuge, a last-minute maneuver that could complicate the incoming administration’s plans.

December 9, 2024

Connecticut Invests $31 Million in Truck Parking

MIDDLETOWN, Conn. — The Connecticut Department of Transportation announced a $31 million investment in expanding truck parking by 183 spaces at rest stops across Connecticut.

December 9, 2024

South Korean Companies Reconsider Plants in US Over Trump

South Korean companies are reconsidering their $54 billion investment blitz to build EV battery plants in the U.S. over concerns President-elect Donald Trump could undo tax credits for EVs.

December 9, 2024

Nippon Steel Clarifies Spending Pledge

Nippon Steel clarified its spending plans at U.S. mills owned by U.S. Steel Corp. as part of last-ditch efforts to win over workers and politicians for its bid to buy the steelmaker.

December 9, 2024