TuSimple Holdings, the developer of self-driving trucks, took steps Friday to fill corporate governance gaps, naming two additional independent directors and making its interim CFO permanent. The company also indicates that layoffs could begin as soon as next week. The governance changes are required to ensure TuSimple, based in San...
Tesla is considering establishing an auto factory in Mexico.
According to Milenio, Tesla could soon announce its first automotive assembly plant in Mexico. The automaker is said to be acquiring land in Nuevo Leon, a Mexican state bordering Texas, to manufacture the new Semi, an all-electric Class 8 truck. "Tesla will arrive in Santa Catarina [Nuevo Leon]. The investment...
The Louisiana International Terminal project has received an investment of $800 million
The Port of New Orleans has secured $800 million toward a $1.8 billion Lower Mississippi River container facility. Ports America and Mediterranean Shipping Company investment arm Terminal Investment Limited recently provided funding for the Louisiana International Terminal facility, which will be capable of handling 2 million twenty-foot equivalent units (TEUs)...