24 Mar Frito-Lay Replaces All Diesel Vehicles at Facility With Cleaner Tech Frito-Lay has largely completed the transformation of a snack food facility in California to use zero-emission and near-zero-emission technologies for production and transportation. Read more...
24 Mar Containership Blocking Suez Canal Remains Stuck A giant containership remains stuck in the Suez Canal, blocking one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods. Read more...
24 Mar BorgWarner Shares Drop After Skepticism on New EV Vision BorgWarner Inc.’s attempt to garner more respect from investors for its effort to shift to electrification fell flat, triggering an 8% slide in the auto-parts maker’s shares on the day it presented its strategic vision. Read more...
23 Mar Self-Driving Truck Developer TuSimple Files for IPO Self-driving truck developer TuSimple is moving forward with plans to become a publicly traded company. Read more...
23 Mar House Transportation Leader Reiterates Opposition to 5.9 GHz Sharing The top transportation policymaker in the U.S. House of Representatives reaffirmed his opposition to the shift in the transportation safety spectrum space for broadband uses. Read more...
23 Mar Maersk Can’t Find Enough Women to Pursue Top Jobs The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, said it is proving difficult to get enough women to apply for top management jobs at the world’s biggest container-shipping company. Read more...
23 Mar Mail Will Be Slower, More Costly Under DeJoy USPS Plan The U.S. Postal Service announced plans to add a day or more to its standards for First Class mail delivery, hike rates and reduce post office hours as it struggles with financial deficits. Read more...
23 Mar Trucking Continues to Offer States Revenue Stability One year since the COVID-19 pandemic caused vehicle travel and associated fuel tax revenue to plummet, recovery has been on a slow but positive trajectory. Read more...
23 Mar Amazon to Sell Deliveroo Stake of Up to $148 Million in IPO Amazon .com Inc. could raise as much as $148 million (107 million pounds) by selling some of its stake in Deliveroo Holdings in the food-delivery startup’s London initial public offering. Read more...
23 Mar FHWA Grants Will Support User-Based Funding Projects The Federal Highway Administration recently awarded $18.7 million to eight projects that will test user-based funding methods. Read more...