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Recent Articles

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Cleveland-based World Group announces acquisition of Sumner, Washington-based Pacific Cascade under undisclosed terms to expand Northwest presence; company offers drayage, warehousing with a fleet of over 50 trucks and a 267,000-sq-ft distribution site

Dairy producer Grupo Lala becomes first company in Mexico to introduce 100% electric refrigerated units by announcing plan to add 30 electric delivery trucks to fleet; move to enable an approximate annual reduction of 351 tons of CO2/year

Kodiak Robotics receives US$49.9M award from US Dept. of Defense to help automate future US Army ground vehicles led by the Army's Robotic Combat Vehicle program; company was the only autonomous vehicle company selected for award out of 33 submissions

IRS to offer tax credits for buying new commercial electric, fuel cell vehicle as of Jan. 1; agency also to offer credits for installing fueling equipment for hydrogen, electricity, E85, diesel blends with at least 20% biodiesel, natural gas or propane

Einride secures €$500M from a Series C equity round and debt facility; €300M in debt financing with Barclays Europe includes initial facility roll out of €$150M in January 2023, which is the largest asset-backed facility to date for heavy-duty EVs

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