05 Aug Global EV Charging Stations Top 1 Million The electric vehicle industry has quietly hit one of its biggest milestones to date, as the number of public charging plugs around the world ticks above the 1 million mark. Read more...
05 Aug Trade Gap Narrows as Autos Spur Record Exports Increase The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels. Read more...
05 Aug Nikola Posts Q2 Loss, Stays Focused on Growth Strategy Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks. Read more...
05 Aug Trucking Companies Reaffirm Commitment to Diversity Trucking companies are taking steps to expand and reaffirm their commitment to a diversified workforce, and to promote trucking as an inclusive industry. Read more...
04 Aug Anthony Levandowski Sentenced to 18 Months in Prison Autonomous driving engineer Anthony Levandowski was ordered to spend 18 months in prison for stealing trade secrets from Google as he defected to Uber Technologies Inc., in one of the highest-profile criminal cases to hit Silicon Valley. Read more...
04 Aug Daimler Appoints Rainer Müller-Finkeldei to SVP Post Daimler Trucks North America appointed Rainer Müller-Finkeldei senior vice president of engineering and technology. Read more...
04 Aug Oil Jumps as Lebanon Explosion Signals Geopolitical Instability Oil extended its rally and hit a two-week high after an explosion at Lebanon’s main port rocked the capital Beirut, pointing to geopolitical instability in the region. Read more...
04 Aug Tropical Storm Isaias Drives Wild Weather Up Interstate 95 WINDSOR, N.C. — Tropical Storm Isaias spawned tornadoes and dumped rain along the U.S. East Coast on Aug. 4 after making landfall as a hurricane in North Carolina, where it smashed boats together and caused floods and fires that displaced dozens of people. At least two people were killed when one of its twisters hit a mobile home park. Read more...
04 Aug Wilks Brothers Swoop In With Competing Offer for Calfrac Wilks Brothers has made a competing proposal to recapitalize struggling energy company Calfrac Well Services Ltd. and criticized management’s deal as favoring insiders. Read more...
04 Aug Meritor Reaches Brake Shoe Production Milestone Meritor Inc. recently produced its 100 millionth brake shoe at its Plainfield, Ind., manufacturing facility. Read more...