Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
August 9, 2023Yellow Reportedly Working on Loan From Apollo
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
August 1, 2023Ford Strikes Lithium Deals to Support EV Output
Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.
May 22, 2023Fuelmakers Hoping for Higher-Than-Expected Demand in Summer
Although U.S. gasoline usage appears to be exceeding year-ago levels as cheaper prices at the pump encourage households to hit the road, cracks have started to emerge in the world’s biggest economy.
May 8, 2023Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023Drop in Diesel Demand Heightens Recession Concerns
“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,” said one expert.
April 17, 2023Trucking’s Electric Vs. Hydrogen Battle Starts to Percolate
Purely battery-powered trucks have a head start on hydrogen fuel cells in the race to decarbonize trucks, but due to drawbacks for both technologies, the competition is far from settled.
April 13, 2023Tesla Cuts Prices for Second Time This Year
Tesla Inc. marked down all of its vehicles again in the U.S. after price tweaks throughout the first quarter yielded an incremental sales gain.
April 7, 2023Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.
March 30, 2023The World’s Most Important Oil Price Is About to Change
The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.
March 30, 2023