Category: News

Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.

Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.

Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.

Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.

Shares of Tesla rose about 1.5% in trading the morning of Feb. 13 after the electric vehicle and solar panel maker said it would sell over $2 billion worth of additional shares.

Commercial vehicle dealership Rush Enterprises Inc. reported declines in fourth-quarter net income and revenue amid a falloff in Class 8 sales, but on an annual basis, achieved record revenue of nearly $6 billion plus increased profits.

A plan by California environmental regulators to get zero-emissions vehicles on the road as soon as possible is getting pushback from truckers and other concerned industry stakeholders.

In a world dominated by email and smartphones, the shipping industry still relies heavily on paper documents delivered by courier. With people unable or unwilling to travel to China because of the coronavirus, that dependence is wreaking havoc on commo…

The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the first quarterly decline in a decade.

Eric Boyette will serve as the next secretary of the North Carolina Department of Transportation, Gov. Roy Cooper announced.