Business

Landstar System on Jan. 26 reported record quarterly revenue and operating income for the fourth quarter of 2021.

U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.

Travel along highways and other transportation systems in 11 Appalachian states and tribal areas is expected to become easier due to a $1.3 billion infusion of funds from the U.S. Department of Transportation.

Tesla Inc. pushed back introductions of new models to next year, wagering the best way to continue expanding sales in the face of supply chain challenges will be to further leverage a narrow lineup of big sellers.

WASHINGTON — President Joe Biden on Jan. 26 secured the blessing of several business leaders, including Cummins' Tom Linebarger, on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he has proposed.

Ocado Group Plc has developed new, lower-cost technology that will speed up online grocery deliveries, boosting the company’s prospects as it seeks to license its robotic warehouse systems globally.

Knight-Swift Transportation Holdings reported a 78.9% jump in earnings Jan. 26 for the fourth quarter of 2021.

Daseke Inc. on Jan. 25 reported fourth-quarter revenue and net income that exceeded Wall Street analysts’ expectations. The flatbed specialist also set a record for net income in 2021.

SEBASTOPOL, Calif. — Ford Motor Co. on Jan. 26 announced the launch of a pilot program that will equip winegrowers in Northern California with electric pickup trucks, cargo vans and software services in a bid to boost EV and technology adoption among farmers and other commercial customers.

The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas.