03 Aug Penske Truck Leasing Adds Core-Mark as EV Customer Penske Truck Leasing announced longtime customer Core-Mark Holding Co. deployed one of Penske’s Class 8 battery-electric Freightliner eCascadias into its fleet. Read more...
03 Aug Meritor Names Hannah Lim-Johnson Chief Legal Officer Meritor Inc. announced Hannah Lim-Johnson joined the company as chief legal officer. Read more...
03 Aug A. Duie Pyle Expands Integrated Distribution Center A. Duie Pyle Inc. has expanded its Westfield, Mass., integrated distribution center. Read more...
03 Aug Lordstown Motors Goes Public Following Reverse Merger Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle. Read more...
03 Aug Port Manatee Gains Approval for Expansion Manatee County Port Authority approved a construction contract for an $8.3 million project to nearly double the size of Port Manatee’s dockside container yard. Read more...
03 Aug Brake Suppliers Invest in Sensing Technology Integrating braking systems with sensors and telematics can enable more timely maintenance, reduce unplanned downtime and optimize component life while supporting “brake health.” Read more...
03 Aug UPS Readies Freezer Farms to Store Virus Vaccine When Approved UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe. Read more...
31 Jul Lawmakers Highlight Supply Chain Concerns Amid Pandemic House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic. Read more...
31 Jul Electric Car Startup Fisker Misses Deadline for Supply Deal With VW Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs. Read more...
31 Jul Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt. Read more...