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TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

November 13, 2024
BusinessTechnologyAutonomous

Autonomous: Plus Ramps Up Autonomous Truck Testing in U.S. and Europe

Automated driving technology company聽Plus聽has been ramping up on-road testing of autonomous heavy-duty trucks in the United States and Europe in cooperation with聽Traton聽Group鈥檚 commercial truck brands.聽 聽

November 13, 2024
BusinessLogisticsPrivateGlobal Freight

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024
GovernmentBusinessTechnologySafety

Tesla Recalls Cybertrucks a Sixth Time in Year Since Launch

Tesla recalled the Cybertruck a sixth time since the electric pickup launched a year ago, this time over an issue that could lead drivers to lose propulsion and have to pull over.

November 13, 2024
BusinessTechnologyEquipmentFuel

Hyzon Q3 Loss Narrows; Hunt for Funding, Tie-Ups Accelerates

Losses at Hyzon narrowed in the third quarter of 2024, but the hydrogen fuel cell electric truck maker鈥檚 cash reserves continue to erode rapidly.

November 13, 2024
GovernmentBusinessTechnologyFuelLogistics

Canadian Grant to Electrify Cargo Docks at Port of Quebec

The grant is from Canada鈥檚 Green Shipping Corridor Program, which funds low- and zero-emission shipping ventures along with port and terminal equipment and infrastructure.

November 13, 2024
BusinessTechnology

Northvolt Sells US Battery Plant to California Startup

Northvolt AB, the cash-strapped European battery maker, reached a deal to sell its U.S. factory to a startup that鈥檚 trying to reduce America鈥檚 reliance on China for batteries.

November 13, 2024
GovernmentBusinessFuel

Fuel Groups Warn of Price Hikes Without Tax Credit Certainty

More than 30 trade groups across the energy, farming and transport sectors say a lack of U.S. government guidance on tax credits is putting Americans at risk of higher fuel prices.

November 13, 2024
GovernmentBusiness

Hedge Fund Seeks Reversal of Yellow Pension Claims

A judge may rule as soon as Nov. 15 on the fate of $6.5 billion in pension claims from bankrupt Yellow Corp. retirees.

November 13, 2024
GovernmentBusinessLogistics

US Port Talks Set to Resume as Trump Role Poses a Wild Card

Dockworkers are set to meet with their employers in New Jersey, resuming negotiations on the key issue of automation that sparked a three-day strike at East and Gulf Coast ports last month.

November 13, 2024

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