Business

Carmakers including Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said.

Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.

To continue its push to alleviate freight bottlenecks nationwide, the U.S. Department of Transportation announced a series of grants for commercial maritime operations and freight hubs along key parts of the supply chain.

Asset-tracking provider SkyBitz has introduced a new management portal for its SmartTank wireless tank monitoring system.

Dec. 15 is the last day for ground delivery by Christmas with FedEx and USPS, while UPS recommends using its website to get an estimate. Here are other holiday shipping deadlines for the three major carriers.

In a move aimed both at fulfilling a community need and advancing vehicle technologies considered a key part of its future, Ford Motor Co. is launching a fresh food delivery pilot in southwest Detroit using an autonomous vehicle shuttle.

U.S. retail sales in November of Classes 4-7 commercial vehicles revealed the two lighter segments propping up the medium-duty market, with overall sales in the segment rising 1.7% to 18,637 compared with 18,318 last year, WardsAuto .com reported.

Electric battery manufacturer Proterra on Dec. 14 announced it is expanding its overall production facilities, adding a new $76 million factory in Greer, S.C., that is expected to be operational in the second half of 2022.

A railroad merger nearly derailed this year by a bidding war is moving forward ahead of a final say from regulators on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad.

Legislation targeting staged vehicle collisions and fraudulent claims affecting the motor carrier industry was recently introduced in the U.S. House of Representatives.