Business

Allegheny County Airport Authority board members awarded $44 million in contracts Oct. 28 for the construction of a state-of-the-art cargo facility on Pittsburgh International property in Findlay.

Nikola Corp. posted quarterly sales above expectations as production of its battery-electric trucks ramped up, but didn’t provide updated guidance on its previous goal of delivering at least 300 trucks this year.

Autonomous truck developer Waabi has expanded its leadership team by hiring self-driving vehicle technologist Jur van den Berg as its principal software engineer.

TravelCenters of America Inc. reported net income and revenue rose in the third quarter as it delivered slightly more diesel and less gasoline, and achieved a 24.9% increase in fuel gross margin.

Congressional transportation leaders recently raised concerns over the Biden administration’s temporary waiver of the Jones Act during emergency relief efforts in Puerto Rico.

The Federal Reserve pumped up its benchmark interest rate on Nov. 2 by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.

THOMPSON, Conn. — Jacobs Vehicle Systems on Nov. 1 showcased new cylinder deactivation and active decompression systems while launching the third iteration of its demonstration truck to highlight the new technologies.

After a more than a two-year battle, a federal judge has upheld a multibillion-dollar contract award to Houston-based HomeSafe Alliance to be the sole provider for moving services for U.S. armed forces and families as well as civilian employees of the Department of Defense.

Korean Air Lines Co. will inspect the remaining 24 Airbus SE A330 aircraft in its fleet after one overshot a runway in the Philippines last month, the carrier’s president said Nov. 2.

One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.