Strike Cost Ford 100,000 Vehicle Sales, $1.7 Billion in Profits
A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles for the year and cost the company $1.7 billion in lost profits, the automaker said Nov. 30.
Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant
NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.
OPEC Countries Cutting Output in Bid to Increase Oil Prices
The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Nov. 30, expanding some output cuts into ne
Colorado Carrier Apex Transportation to Deliver Capitol Christmas Tree
Apex Transportation, founded in 1996 and based in Henderson, Colo., was chosen to haul this year’s U.S. Capitol Christmas tree from Colorado to Washington, D.C.
Proposed EV Tax Rules Could Make Full Credit Harder to Get
The departments of Treasury and Energy proposed new rules Dec. 1 that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.
NYC Congestion Plan Would Charge Business District Drivers
Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by official
Shipping Giants Want End Date for Fossil Fuel-Only Vessels
Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapa
Tesla Cybertruck to Start at $60,990 as Deliveries Commence
After two years of delays and production snags, Tesla Inc. has finally handed the first Blade Runner-esque Cybertrucks over to customers.
Grants Expand Eastern Iowa Colleges’ Truck Driving Program
Eastern Iowa Community Colleges has received more than $875,000 in grants to expand its truck driving/commercial truck driving program.
October Used Class 8 Sales Up 7% Year-Over-Year
Used Class 8 truck sales in October increased 7% year-over-year to 21,500 units from 20,100 units, ACT Research reported.