Business

Volkswagen AG CEO Herbert Diess urged German workers to prepare for a deeper overhaul to remain competitive when Tesla Inc. ramps up vehicle production at its first European factory outside Berlin next year.

Hydrogen-electric fuel truck manufacturer Nikola Corp. said it took a $125 million charge in the third quarter as it expects to use that money as part of a possible negotiated settlement with the U.S. Securities and Exchange Commission concerning allegations the company’s founder, Trevor Milton, defrauded investors.

The majority of truck drivers are not looking for a new job amid a market in which demand is outweighing supply, according to results of a survey released Nov. 2.

XPO Logistics Inc. reported the highest revenue in its history Nov. 2, but noted some challenges with less-than-truckload performance for the third quarter.

WASHINGTON — American Trucking Associations joined nearly 100 freight stakeholders in calling on President Joe Biden to amplify his administration’s response to ongoing supply chain woes nationwide.

Just 60 miles south from one of the most famous locations in American transportation history, Promontory Point, Utah, a new transportation and logistics center is open for business and still being built out.

CVG, whose business segments include commercial vehicle seating and electrical systems, reported increased net income and revenue for the third quarter as it continued to diversify its customer base.

Trucking technology supplier ERoad has expanded its video telematics product line with the ERoad Clarity Solo Dashcam.

Federal trucking regulators are warning truckers that mobile carriers are shutting down their 3G networks as early as next year to make room for more advanced network services, including 5G.

DoorDash is partnering with security company ADT on new features to protect drivers, which will be available to all U.S. DoorDash drivers in its app by the end of this year.