Business

General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.

A $30 million workforce training center focused on electric vehicle technology will be built in Decatur, Ala., Gov. Kay Ivey announced Nov. 27.

FMCSA has issued a warning that late next year truck drivers who test positive for drug use will not only be placed on prohibited status, but will lose their commercial driver licenses.

Thanksgiving weekend shoppers surpassed their record turnout from last year, marking a strong unofficial start to the holiday season, according to the National Retail Federation. 

Finalizing a comprehensive Pentagon policy bill is among the legislative items on Congress’ radar before adjourning for the year.

Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.

From treacherous road conditions to freezing temperatures, even the most conscientious drivers need to exert caution on the roads during the winter.

Freightliner eCascadia battery-electric trucks operated by Schneider reached 1 million zero-emission miles carrying customer freight, the carrier said

Rolls-Royce Holdings backed away from electric aircraft and said conventional propulsion will remain the mainstay in coming years as hydrogen takes time to mature as an alternative.

A loaded liquefied natural gas tanker is stuck at an export terminal in Australia and will disrupt some shipments, adding to supply concerns ahead of the Northern Hemisphere winter.