There’s an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There’s no nationwide standard for training those technicians.
Category: News
Continental Gains After Car-Parts Returns Turn Positive
Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.
Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid
A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.
Bestpass, Drivewyze Join Forces in Major Acquisition
Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.
Rivian Holds to Annual Production Goal Unchanged Since 2023
Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.
WK Kellogg to Close Omaha Plant, Downsize in Memphis
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities.
Fiscal 2025 Bills on Congress’ Fall Calendar
When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber’s agenda, Majority Leader Chuck Schumer said.
Ice Cream Giant Wells Plans $425M New York Expansion
Wells Enterprises will invest $425 million to expand its ice cream manufacturing facility in Dunkirk, N.Y., nearly doubling the plant’s size and quadrupling production capacity.
Nissan Is Developing ‘Cool Paint’ for Cars
Nissan showed Aug. 6 what it called a “cool paint” to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.
GXO Logistics Reports 19% Revenue Surge in Q2 2024
GXO Logistics saw a 19% revenue boost in the second quarter of 2024, reaching $2.85 billion. However, the Greenwich, Conn.-based contract logistics firm reported a drop in net income to $39 million, down from $66 million in the same period last year. E…