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BusinessTechnologyFuelTCA

Lack of Standard Training for EV Techs Perpetuates Shortage

There鈥檚 an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There鈥檚 no nationwide standard for training those technicians.

August 7, 2024
BusinessEquipment

Continental Gains After Car-Parts Returns Turn Positive

Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.

August 7, 2024
BusinessLogisticsGlobal Freight

Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid

A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.

August 7, 2024
BusinessTechnologyBreaking News

Bestpass, Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.

August 7, 2024
BusinessEquipmentFuel

Rivian Holds to Annual Production Goal Unchanged Since 2023

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

August 6, 2024
Business

WK Kellogg to Close Omaha Plant, Downsize in Memphis

WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities.

August 6, 2024
Government

Fiscal 2025 Bills on Congress鈥 Fall Calendar

When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber鈥檚 agenda, Majority Leader Chuck Schumer said.

August 6, 2024
GovernmentBusinessLogistics

Ice Cream Giant Wells Enterprises Plans $425M New York Expansion

Wells, headquartered in Le Mars, Iowa, produces more than 200 million gallons of ice cream annually and distributes products in all 50 states.

August 6, 2024
BusinessTechnology

Nissan Is Developing 鈥楥ool Paint鈥 for Cars

Nissan showed Aug. 6 what it called a 鈥渃ool paint鈥 to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.

August 6, 2024
BusinessTechnologyLogisticsTop 100

GXO Logistics Reports 19% Revenue Surge in Q2 2024

GXO Logistics saw revenue grow 19% in the second quarter of 2024 to $2.85 billion. However, the contract logistics firm reported a drop in net income to $39 million from $66 million in 2023.

August 6, 2024

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