13 Aug Moderate Democrats Demand Quick Passage of Infrastructure Bill WASHINGTON — Moderate House Democrats say they would sink a crucial fiscal blueprint outlining $3.5 trillion in social and environment spending unless a separate infrastructure bill is approved first, a new complication for the divided party’s drive to enact President Joe Biden’s domestic agenda. Read more...
13 Aug Are Hydrogen-Powered Vehicles a Realistic Path to Clean Energy? Manufacturers of large trucks and commercial vehicles are beginning to embrace hydrogen fuel cell technologies as a way forward. Read more...
13 Aug GlobalTranz, Worldwide Express Chart Course After Merger The recent merger of GlobalTranz Enterprises and Worldwide Express is still in the getting-to-know-you phase and steps are being discussed to become fully integrated, executives from both companies said. Read more...
13 Aug Tesla Hopes to Start Production at Berlin Factory in October BERLIN — Tesla founder and CEO Elon Musk said Aug. 13 that he hopes to start producing cars at its new factory outside Berlin in October. Read more...
13 Aug Kansas City Southern Rejects New Bid From Canadian Pacific OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week. Read more...
13 Aug China’s Port Shutdown Raises Fears of Closures Worldwide A COVID outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. Read more...
12 Aug PS Logistics Continues Acquisition Strategy With Patriot Deal PS Logistics announced that it has purchased all substantial transportation assets of Patriot Transit and Patriot Logistics. Financial terms were not disclosed. Read more...
12 Aug Hyliion Reports Net Loss in Q2 Electrified powertrain systems developer Hyliion Corp. reported a net loss and no revenue in the second quarter but ended the period with $617 million total available liquidity to fund ongoing product development. Read more...
12 Aug Truckload Carriers Association Forms Search Committee to Find New President The Truckload Carriers Association formed a search committee Aug. 10 to find a replacement for President John Lyboldt, who is retiring. Read more...
12 Aug Volvo Delivers Electric Class 8 Truck to New York Metro Area Volvo Trucks North America has delivered its first electric-powered Class 8 truck on the East Coast to New York-based Manhattan Beer Distributors. Read more...