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The trucking industry is now short at least 80,000 drivers, according to ATA Chief Economist Bob Costello, who on Oct. 20 raised the estimate of drivers needed from 61,500 in his annual findings.

DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.

Flock Freight, an Encinitas, Calif., trucking logistics firm that aims to revolutionize the way freight moves across the country, has landed another $215 million in venture capital.

It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.

WASHINGTON — The nomination of Meera Joshi, President Joe Biden’s pick to lead the Federal Motor Carrier Safety Administration, advanced to the floor of the U.S. Senate on Oct. 20.

A 2021 inventory by WillGo Transportation Consulting puts the number of rental/lease trailers at 6.5% higher than a year earlier, according to a recent survey of certain North American companies in that sector.

Knight-Swift Transportation Holdings reported third-quarter revenue and earnings improvements that were driven by strong segment growth.

Marten Transport reported record revenue for the third quarter, the company announced Oct. 19.

A bipartisan push to make the U.S. more competitive with China and bolster domestic chip production risks falling by the wayside as Congress grapples with a packed year-end agenda in an ever-more-divided Capitol.

Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.