Category: News

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles exported to China for problems with their automatic assisted steering and door latch controls.

The nation’s employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

Amazon’s share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.

Confirmation votes for National Transportation Safety Board nominees J. Todd Inman and Alvin Brown are on the Senate’s raar.

The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Ford’s Super Duty pickup won the truck award.

Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.

Supply is back in the driver’s seat for global crude markets, as rising production from non-OPEC+ nations including the U.S. may outstrip global demand that’s growing at a slower pace.

Used Class 8 truck sales rose just shy of 2% year-over-year in November to 20,500 units from 20,100 vehicles, ACT Research reported.

Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.