10 Feb Volvo Cars Owner Plots Merger That Puts Listing Back in Play Volvo Cars owner Li Shufu set out to combine the Swedish carmaker he bought in 2010 with his Hong Kong-listed automobile unit to create a company with the scale to compete in a rapidly consolidating global market. Read more...
10 Feb Texas No Longer a Trailblazer for P3 Tolling More than two years after Texas Republican Gov. Greg Abbott declared a moratorium on toll roads, a new report by a global research firm said the public-private tolling sector continues to decline in the state that was once a trailblazer for toll road P3 projects. Read more...
10 Feb Georgia DOT to Expand Connected Vehicle Technology in Atlanta The Georgia Department of Transportation plans to hear from the private sector about ways to use connected vehicle technology on roadways in the Atlanta metropolitan area. Read more...
10 Feb Ghosn Faces Nissan in Dutch Court for First Time Since Escape Carlos Ghosn’s lawyers faced off with Nissan Motor Co. in an Amsterdam court for the first time since the former executive’s dramatic escape from Tokyo last year. Read more...
10 Feb Oil Holds Near $50 as OPEC+ Hesitates Despite Surplus Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up. Read more...
10 Feb Volkswagen Postpones Restart of China Joint Venture Production Volkswagen AG has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity. Read more...
07 Feb GM Recalls Pickups for Second Time on Software Glitch General Motors is recalling about 162,000 full-size pickup trucks worldwide for a second time because of faulty brake control software that was installed in a recall from last year. Read more...
07 Feb Federal Lawmakers Unveil Bill to Repair Bridges The Bridge Investment Act, a bill meant to provide $20 billion to fix the country’s structurally deficient bridges by establishing a grant program, was unveiled last month by a bipartisan group of House lawmakers. Read more...
07 Feb Agility Fuel, XStream Trucking Agree on Exclusive Distribution of TruckWings Agility Fuel Solutions and XStream Trucking Inc. announced Agility will be the exclusive distributor of XStream’s TruckWings aerodynamic systems on compressed natural gas trucks in North America. Read more...
07 Feb FedEx Rearranges Deliveries in Efficiency Push FedEx Corp. is revamping its operations to hand off some deliveries from its overnight division to its separately run ground business, in an effort to wring more profit from surging e-commerce. Read more...