CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
Biden Policy May Cost EV Makers Some Customers
Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.
Getting More From Your Trailer Investment
Learn how trailer floor innovations over the last 20 years have led to greater strength, durability, longevity and return on investment.
Diesel Bumps Up 1.8¢ to $4.116 a Gallon
Diesel’s national average price ended its 10-week run of declines by rising 1.8 cents to $4.116 a gallon, according to Energy Information Administration data released April 17.
House GOP Points to Transportation Record
An update to Federal Highway Administration guidance related to a $1.2 trillion infrastructure law is among key achievements House Republicans are touting.
Secretary Buttigieg to Defend Budget in Congress, Again
Capitol Agenda: Funding leaders in the House will review President Joe Biden’s fiscal 2024 budget request for transportation programs on April 20.
Norfolk Southern Near Ready to Reopen Some Tracks in Ohio
Norfolk Southern says it has completed excavation of the impacted soil underneath the south track at the site of the East Palestine train derailment and will finish restoration of
US Tax Breaks Lure European Clean Tech
LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.
ZF’s CeTrax Lite Begins Series Production
The CeTrax lite electric central drive adapts what the company learned from developing passenger car drives for use in light commercial vehicles
Only 10 EVs Qualify for Full $7,500 US Tax Credit
Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits after stricter battery-sourcing rules take effect and render most plug-in models ineligible