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BusinessTechnologyFuel

Lion Electric Introduces New Medium-Duty Truck

ANAHEIM, Calif. 鈥 The Lion Electric Co., a manufacturer of all-electric commercial vehicles, announced the launch of its battery-electric Lion5 medium-duty truck at the 2023 Advanced Clean Transportation Expo.

May 5, 2023
GovernmentBusiness

Employers Add 253,000 Jobs in April

WASHINGTON 鈥 America鈥檚 employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

May 5, 2023
GovernmentBusinessTechnologyFuel

Clean Energy Investments Touted at Commerce Summit

NATIONAL HARBOR, Md. 鈥 President Joe Biden cited supply chain achievements and urged foreign investment as the Commerce Department held a networking event that included 70 countries.

May 4, 2023
GovernmentBusinessTCA

UAW Demands Support for EV Workers Before Endorsing Biden

New leaders of the United Auto Workers are withholding the union鈥檚 endorsement for President Joe Biden鈥檚 re-election until he shows support for a 鈥渏ust transition鈥 to electric vehicles, according to a letter sent by newly elected UAW President Shawn Fain.

May 4, 2023
Business

TRM Equity Buys Some of National Railway Equipment's Assets

TRM Equity has acquired some of the assets of National Railway Equipment Co., the Southfield, Mich.-based private equity firm said May 2.

May 4, 2023
BusinessLogisticsTop 100

Werner Reports Lower Q1 Earnings on Higher Revenue

Werner Enterprises鈥 revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.

May 4, 2023
GovernmentBusinessTechnologySafety

EPA Hearing Draws Environmental, Trucking Interests

More than 200 individuals weighed in on the Environmental Protection Agency's public hearing on its heavy-truck greenhouse gas emissions mandate.

May 4, 2023
BusinessTechnologyAutonomous

Waymo Expands Efforts in Phoenix, San Francisco

Self-driving car pioneer Waymo announced May 4 that its robotaxis will be able to carry passengers through most of the Phoenix area for the first time.

May 4, 2023
BusinessLogisticsGlobal Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

May 4, 2023
GovernmentLogisticsFor-Hire

Yellow Reports Q1 Loss

Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

May 4, 2023

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