GXO Completes Acquisition of UK-Based Wincanton
GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.
DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
Air Products Plans Alberta Hydrogen Truck Refueling Network
Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.
Stellantis Shipments Fall Amid Transition to New Vehicles
Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.
US to Require Automatic Emergency Braking on New Vehicles
DETROIT — In the not-too-distant future, automatic emergency braking will have to come standard on all new passenger vehicles in the United States.
Ryder Continues Cross-Border Expansion With New Facility
Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.
Finnish Fuel Maker Neste Starts CEO Search as Lehmus to Exit
Neste Oyj, a Finnish maker of renewable diesel, will begin a search for a new CEO, as Matti Lehmus stepped down after just two years in the role.
Diesel Price Continues Downward Push
The national average diesel price continued to go lower, dropping 4.5 cents to reach $3.947 a gallon, according to Energy Information Administration data released April 29.
Tesla Stock Leaps on Reports of Chinese Approval of FSD
NEW YORK — Shares of Tesla stock rallied April 29 after CEO Elon Musk paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving soft
Aim Transportation Expands Into West Virginia, Indiana
Aim Transportation Solutions expanded its operations to meet the needs of customers in West Virginia and Indiana, the company announced April 26.