Business

Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding. 

Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.

Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24.

DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago. 

Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.

American Trucking Associations is among several industry stakeholders objecting to a NHTSA  proposal that would require side underride guards on heavy trucks.

Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.

Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.

Third-party logistics provider GSC Logistics Inc. has expanded service capabilities by acquiring transloading company MacMillan-Piper, the company announced July 24.

A strong majority of business economists now say odds of the U.S. entering a recession in the next 12 months are 50% or less, according to a National Association for Business Economics survey.