Business

Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.

PHOENIX — The backup Uber driver for a self-driving vehicle that killed a pedestrian in suburban Phoenix in 2018 pleaded guilty July 28 to endangerment.

DETROIT — The U.S. government wants to raise the fuel economy of new vehicles 18% by the 2032 model year so that all new vehicles would average about 43.5 miles per gallon in real-world driving.

WINDSOR LOCKS, Conn. — Anthony Spero, William Colantuone and Joe Hicks claimed titles at the New England Tri-State Truck Driving Championships to punch their tickets for nationals.

Carrier Global Corp. reported a narrowed second-quarter profit of $199 million, down from $573 million in the year-ago period.

Carrier Transicold is rolling out two additional models in its Vector trailer refrigeration product line, the company said.  

A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.

United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.

Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit amid weaker natural gas prices and shrinking returns from fuel sales.

DETROIT — Ford’s second-quarter profit more than tripled to $1.92 billion versus a year ago on strong internal combustion and commercial vehicle sales, but losses grew in the EV business.