Business

One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.

Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.

The Oregon Department of Transportation is in the process of determining whether interested Portland-area drivers are eligible to participate in a road usage pilot program.

Tesla Inc. has taken a misguided approach to developing fully autonomous cars and its “full self-driving” system will fail to live up to its billing, the head of Alphabet Inc.’s Waymo told a German business magazine.

Mack Trucks announced it extended the time and mileage coverage for its standard Mack axle warranties on model year 2022 vehicles.

Truck dealership Conway Beam Truck Group announced it invested $16.2 million with the opening of a new 75,000-square-foot location in West Seneca, N.Y.

Lightning eMotors, a provider of electric powertrains for a range of commercial vehicles, announced it is adding 107,000 square feet to the footprint of its headquarters in Loveland, Colo.

Oil ended a choppy session lower with worsening global coronavirus outbreaks accentuating concerns over a demand rebound.

President Joe Biden’s nominee to head the Department of Transportation pointed to the importance of safely moving people and goods and the new administration’s goal of modernizing the nation’s mobility networks as key areas of focus for him during his Jan. 21 Senate nomination hearing.

Investors are rewarding U.S. automakers as they embrace electric vehicles to boost growth amid a burgeoning demand for environment-friendly cars.