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XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

DETROIT — The head of Detroit’s big international auto show says it will return to the Motor City next year, but with smaller indoor displays and more emphasis on experiencing vehicles and technology outside.

Ford’s second-quarter outlook is improving, with large numbers of customers making reservations for four of its new vehicles.

TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.

New Orleans attorney Danny Patrick Keating Jr., charged last year for his participation in 31 illegal staged accidents, has pleaded guilty to conspiracy to commit mail and wire fraud.

Transportation Secretary Pete Buttigieg called on senators to fund big-ticket transportation programs as congressional leaders continue to craft comprehensive infrastructure policy measures and prepare to consider a multiyear highway bill.

Trucking companies are continuing to increase pay to recruit and retain drivers to protect against ongoing labor capacity issues.

Program Aired: June 17, 2021. As our economy reopens, trailer orders are at unusually high volumes. When freight demand outpaces your operations, it’s difficult to meet deadlines and keep customers happy. Hear directly from a leading carrier and trailer leasing company about how they are staying prepared to maximize trailer utilization and maintain a high level of customer service.

Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.

WASHINGTON — Rep. Peter DeFazio, chairman of the U.S. House transportation committee and author of a comprehensive five-year, $547 billion highway bill, is very aware that being stuck in traffic is bad for business.