Category: News

Auto parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap AI to better compete in the shift to electric cars.

NEW YORK — Walmart reported another quarter of great results, ending 2023 on a high note as low prices attract shoppers looking for deals in an economically challenging environment for many.

State lawmakers rushing to jump on the battery-electric vehicle bandwagon for longhaul trucks will create a web of operational roadblocks and other problems, a new report says. 

Here’s the solution to the crossword puzzle found in the February 19, 2024 print edition.

TMC Executive Director Robert Braswell said challenging technical issues and industry innovation will be in the spotlight March 4-7 in New Orleans.

Alleging that Motive Technologies Inc. has engaged in unlawful patent infringement practices, Samsara Inc. has filed a complaint with the U.S. International Trade Commission.

Profits at Bridgestone Corp. dived in the fourth quarter of 2023 on the back of what the Japanese tire manufacturer said Feb. 16 was a remarkable slump in demand.

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy.

American Trucking Associations says the industry is short 78,000 truck drivers. A number of companies have filled some of those jobs by hiring more immigrant drivers.