Ford Promises Parade of Affordable Electric Vehicles
A fully electric Ford Explorer sports utility vehicle on an assembly line in Cologne, Germany. (Alex Kraus/Bloomberg) Ford Motor Co.’s cheapest electric vehicle can be had for just shy of $38,000. That’s 22% less than Americans pay for a car on average. Days after the Trump administration scrapped purchase incentives ...more
Air Taxi Firm Archer Sees More Defense Demand in Short Term
Adam Goldstein at the Paris Air Show in Paris on June 16. (Nathan Laine/Bloomberg) Electric aircraft maker Archer Aviation Inc. ...more
Keep Your Fleet Rolling with Greater Uptime
Keep Your Fleet Rolling No Matter the Season In today’s high-demand logistics landscape, trucking fleets are under more pressure than ...more
G7 Summit Opens in Canada With a Focus on Trade
President Donald Trump arrives at Calgary International Airport on June 15 ahead of the G7 Summit. (Mark Schiefelbein/AP) KANANASKIS, Alberta ...more
Truck Parts Distributor Transaxle to Shut Down
(Transaxle) A truck parts distributor with facilities in 11 states is closing. Transaxle filed a Worker Adjustment and Retraining Notification ...more
Eaton Agrees to Buy Defense Group Ultra PCS for $1.6 Billion
(Eaton via YouTube) Eaton Corp. agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity ...more
Oil Shippers Pause Offers of Vessels to Middle East
Vehicles jam a highway as a fire blazes nearby in the Shahran in Tehran on June 15. (Atta Kenare/AFP/Getty Images) ...more