Category: News

Velocity EV announced March 27 that the first Rizon Classes 4-5 battery-electric cabover trucks are being delivered to customers throughout California.

A group of lawmakers wants the FTC to take action against large retailers such as Amazon and Walmart who increased profits during the COVID-19 pandemic and have kept prices high since.

BALTIMORE — Massive barges carrying cranes streamed toward Baltimore on March 28 to begin the challenging work of removing metal and concrete in an attempt to open a key shipping route.

NEW YORK — Kroger is shuttering three of its e-commerce fulfillment facilities in Texas and Florida, the grocery chain confirmed this week.

Daimler Truck Holding AG and Volvo AB will face a retrial in a 560 million euros ($603 million) case over a price fixing cartel, a German appeals court ruled.

By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.

Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.

The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

The Maryland bridge collapse that severed access to the Port of Baltimore early March 26 is expected to cause some shipping delays and logistical headaches for the auto industry.