Category: News

A vote on the nomination of Alvin Brown to join the National Transportation Safety Board is on the Senate’s legislative radar this fall.

Two of the nation’s largest ports on the Pacific Coast bounced back in September with strong container volume numbers.

Allison Transmission Holdings posted net income of $158 million in the third quarter of 2023, an increase of 14% from $139 million in the same period in 2022, the company said Oct. 25.

Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.

RALEIGH, N.C. — Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling prior investments.

BP Plc’s third-quarter profit rebounded from the prior period, but fell short of estimates as weak results in gas marketing offset a strong performance in oil trading.

Caterpillar Inc. shares tumbled in premarket trading after the company said its order backlog shrank in the third quarter, in a sign of slowing demand for its iconic yellow machinery.

MILAN — Stellantis said Oct. 31 that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profits — less than its competitors.

Truckers traveling in Indiana on Interstate 65 now have more than 200 new parking spaces available to them after the state on Oct. 24 opened a revamped Kankakee Welcome Center.

The national average diesel price fell by nearly the same amount it increased a week ago, falling 9.1 cents to $4.454 a gallon, according to Energy Information Administration data released Oct. 30.