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Tata Motors, RIL part of pilot project to test run hydrogen-powered buses, trucks

Accordingly, the Ministry invited proposals for different types of hydrogen-based vehicles, routes, and hydrogen refuelling stations These pilot projects are part of the National Green Hydrogen Mission | Photo Credit: ANI The Ministry of New & Renewable Energy (MNRE) on Monday said that five pilot projects for running buses and trucks powered by hydrogen with…

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Truck rentals subdued in February; transporters hope for pickup in activity in March

Tepid demand from the infrastructure sector for freight led to lacklustre truck rentals in February, though fleet operators are expecting a pickup in occupancy in the current month on the back of summer stocking demands that will fuel fiscal year-end goods dispatches. Another factor that has hit small transporters is a notification by the government last month…

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Uber in early discussions with EV ride-hailing startup BluSmart for a possible acquisition

Ride-hailing giant Uber is in preliminary discussions to acquire all-electric cab service operator BluSmart Mobility. What’s in it for Uber: Amid rising competition from players like Rapido, BluSmart’s fleet of over 5,000 electric vehicles would significantly bolster Uber’s EV presence in key cities such as Delhi, Mumbai, and Bengaluru. Gensol’s financial troubles: The talks emerge as Gensol Engineering,…

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The good times are over for the world’s largest ocean carriers as pricing power plummets

Annual negotiations between U.S. companies and the world’s maritime shipping giants are beginning, and this year, there are several key headwinds for the ocean carriers that could help companies claw back logistics costs. After several months of front-loading ahead of tariffs threatened by President Donald Trump across many global trading partners, freight markets “peak season”…

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