USDOT Grants $82.6 Million for Road Safety in 46 States
The U.S. Department of Transportation announced it awarded $82.6 million in road safety planning grants to 46 states, including projects involving truck freight.
November 1, 2023Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales
TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.
November 1, 2023Business Group Estimates 403,000 Clean-Energy Jobs From IRA
A nonpartisan group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect.
November 1, 2023Tesla Wins First Jury Trial Over Fatal Autopilot Crash
Tesla Inc. convinced a California jury that its Autopilot technology wasn’t responsible for a crash that killed a California driver four years ago, the jury announced on Oct. 31.
October 31, 2023Georgia Port Expanding to Become Country’s Largest Auto Port
On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.
October 31, 2023September Container Volume Shows Ports on Rebound
Two of the nation’s largest ports on the Pacific Coast bounced back in September with strong container volume numbers.
October 31, 2023Allison Transmission Third-Quarter Profit Rises 14%
Allison Transmission Holdings posted net income of $158 million in the third quarter of 2023, an increase of 14% from $139 million in the same period in 2022, the company said Oct. 25.
October 31, 2023Jack Cooper Making $2 Billion Bid for Bankrupt Yellow
Jack Cooper Transport is reportedly making a nearly $2 billion bid to snatch up the assets of Yellow, the trucking firm that collapsed in late July and filed for bankruptcy.
October 31, 2023Toyota More Than Doubles Investment at N.C. Battery Plant
RALEIGH, N.C. — Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling prior investments.
October 31, 2023BP Profit Misses Estimates on Weak Gas Trading
BP Plc’s third-quarter profit rebounded from the prior period but fell short of estimates as weak results in gas marketing offset a strong performance in oil trading.
October 31, 2023