02 Aug EV Maker Rivian in Early Talks for UK Factory Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is in talks with the U.K. government on building its first manufacturing plant outside the U.S. near the English city of Bristol, Sky News reported. Read more...
02 Aug XPO Logistics Spinoff GXO Officially Goes Public XPO Logistics Inc. today announced the completion of its previously announced spinoff of GXO Logistics Inc., creating two independent, publicly traded companies. Read more...
02 Aug Mudslides Close 46 Miles of I-70 in Colorado DENVER, Colo. — Mudslides from heavy rains caused “extreme damage” to Interstate 70 in Glenwood Canyon, Colo., Aug. 1, and transportation officials closed the road and advised long-distance truckers to detour north onto Interstate 80 through Wyoming. Read more...
02 Aug I-40 Bridge Linking Arkansas, Tennessee Reopens MEMPHIS, Tenn. — Authorities on July 31 reopened the Interstate 40 bridge linking Arkansas and Tennessee that had been closed ever since a crack was discovered in the span in May. Read more...
02 Aug Senate Introduces $1 Trillion Infrastructure Bill WASHINGTON — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Aug. 1, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority. Read more...
01 Aug Paccar’s New CTO Sees Electrification, Autonomy Transforming Truck Market WASHINGTON — After years of working with emerging technologies in the automotive sector, Paccar Inc.’s new chief technology officer sees a similar transformation unfolding in the commercial truck market. Read more...
01 Aug DOE Awards $60 Million for Zero-Emission Truck, Car Projects The U.S. Department of Energy announced July 28 that it has directed $60 million toward projects meant to reduce emissions in trucks and cars. Read more...
01 Aug Phillips Connect Looks to Velociti for Trailer Telematics Support Phillips Connect is partnering with Velociti to help support and monitor its trailer telematics solutions, the company announced July 27. Read more...
01 Aug Elon Musk Denies Talking Apple-Tesla Merger With Tim Cook Tesla Inc. CEO Elon Musk said July 30 that he never met with Apple Inc. about a potential takeover and slammed the tech giant’s App Store fees, calling them a “global tax on the internet.” Read more...
01 Aug Universal Logistics Reports $422.8 Million Revenue for Q2 Universal Logistics Holdings saw revenue and earnings gains during the second quarter of 2021, the company reported July 29. Read more...