Business

A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.

Volkswagen said its battery startup has seen positive results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive.

Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.

Experts are having a difficult time predicting the demand for professional truck drivers this year, saying it ultimately will hinge on an anticipated freight market turnaround. 

The nation’s port leaders are optimistic that 2024 will be good for container operators as billions in federal, state and private construction money pour into the facilities.

General Motors Co. said in a lawsuit that San Francisco unfairly taxed it $108 million over seven years, despite the automaker having very low sales and almost no personnel in the city.

As ADAS advances, computing power, memory and communication speed between different elements are helping trucking companies and creating significant safety and maintenance benefits.

Budget negotiations will consume the attention of congressional leaders for much of January.

U.S. trailer orders fell year-over-year for the first time in five months in November and plunged more than 40% month-over-month, according to preliminary data released by ACT Research. 

Tesla Inc. delivered more vehicles than expected in the fourth quarter, though not enough for the Elon Musk-led company to stay ahead of China’s BYD Co. in global electric car sales.