Equipment

Allison Transmission Holdings Inc. reported record annual revenue and net income for 2018 while tax-related and interest expense factors led to mixed fourth-quarter results.

The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.

Rocketail announced the launch of Rocketail Wing, its rear drag-reduction technology for trailers.

Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.

Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.

Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas.

Tesla Inc.’s Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine’s closely watched annual ranking. The electric-car maker’s shares dropped.

Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.

The Pipeline and Hazardous Materials Safety Administration has issued a final rule that requires railroads to develop and submit comprehensive oil spill response plans for route segments traveled by high-hazard flammable trains.

Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.