Category: News

UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

New York Gov. Andrew Cuomo announced $4.6 million in grant funding is available to support projects related to economic development and infrastructure in the state’s northern border region.

Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.

The National Transportation Safety Board’s new Most Wanted List includes calling on automobile and truck manufacturers to install collision-avoidance and connected-vehicle technologies in all vehicles.

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

XPO Logistics announced April 6 that Baris Oran will become chief financial officer of its planned spinoff business GXO Logistics.

Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.

President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives.

The Illinois Department of Transportation is pursuing two pilot initiatives meant to reduce bridge strikes by large trucks.