Business

The U.S. Department of Transportation awarded $220 million in grants to improve port infrastructure, including facilities used by freight vehicles.

Royal Dutch Shell announced it added Shell E-Fluids to its specialized fluids portfolio to support battery-electric and fuel-cell electric powertrains for commercial light-, medium- and heavy-duty vehicles.

The Minnesota Department of Transportation has completed the $39.3 million replacement of the Baudette/Rainy River International Bridge, which links north-central Minnesota to Ontario.

J.B. Hunt Transport Services posted increased earnings and revenue in the third quarter year-over-year, the carrier announced Oct. 16.

DETROIT — General Motors Co. on Oct. 16 renamed its Detroit-Hamtramck Assembly plant “Factory Zero,” a sign of GM’s deepening commitment to an electric future that insiders call “zero zero zero.”

Marten Transport saw net income increase 8.8% during the third quarter of 2020, the carrier reported Oct. 15.

Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.

WASHINGTON — U.S. industrial production fell 0.6% in September, the weakest showing since industrial output tumbled in the spring when the economy was slowed by widespread lockdowns resulting from the coronavirus.

NEW YORK — Retail sales in the U.S. rose 1.9% in September, the 5th consecutive month of growth.

Nikola Corp. CEO Mark Russell sees a path ahead for his company even if the embattled electric-truck startup is unable to come to terms with General Motors Co. on a proposed strategic partnership.