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Volvo Buying Proterra EV Battery Business

Proterra produced the first Proterra Powered EV battery at its South Carolina manufacturing...

Volvo Group is paying $210 million to buy the Proterra Powered business unit, which has provided battery technology, drivetrains, vehicle electrification and e-mobility technology to vehicle makers. as part Proterra's Chapter 11 bankruptcy proceedings.

CargoNet: $31 Million in Shipments Stolen in Q3

Of the 692 theft incidents reported the most targeted commodity type was food and beverage,...

CargoNet said there were 692 recorded theft events during the third quarter of 2023 and thieves stole more than $31 million in shipments. The company warns that strategic cargo theft by using stolen identities of brokers and motor carriers continues to increase.

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