Governor Hochul Sued Over NYC Congestion Pricing Freeze
New York Gov. Kathy Hochul was sued over her pause on the city’s traffic congestion pricing plan by an advocacy group that claims she had no legal authority to put the program on hold.
July 25, 2024Stellantis Profit Plunges 48% in First Half of Year
MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.
July 25, 2024XPO’s Budlowski Secures 13th Trip to NTDC
WINDSOR LOCKS, Conn. — XPO's Ernie Budlowski and Team Connecticut are hoping that their upcoming trip to Indianapolis results in back-to-back championships at NTDC.
July 25, 2024Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
July 25, 2024Economic Growth Increased in Q2 to Healthy 2.8% Annual Rate
WASHINGTON — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of high interest rates.
July 25, 2024Ruling Paves Way to Restart Work on Exxon’s Texas LNG Plant
A bankruptcy judge on July 24 approved a settlement that will allow other companies to finish work on an Exxon gas export project in Texas.
July 24, 2024Ford Profit Falls Short on Quality Woes, Warranty Costs
Ford Motor Co. posted second-quarter profit that fell short of Wall Street estimates, saying quality problems with new vehicles led to a surge in warranty costs.
July 24, 2024Old Dominion Posts Third Straight Quarter of Revenue Growth
Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.
July 24, 2024Colorado Cracks Down on Predatory Towing With New Law
A broad new law to end predatory towing practices takes effect Aug. 7 in Colorado, legislation that was backed by a state senator whose vehicle was wrongfully towed last summer.
July 24, 2024European Truck Sales Slump Hurts Paccar Q2 Profits
Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.
July 24, 2024