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Goldman Sachs Group Inc. is creating a joint venture in its investment bank focused on catering to auto technology clients such as Tesla Inc. and the new class of companies trying to take on the top electric vehicle maker.

Pavement recycling presents opportunities for cost reduction and environmental sustainability, according to the principal research scientist at the Virginia Transportation Research Council.

U.S. trailer orders in January were 29,100, up 94% from the same month last year, ACT Research reported, citing manufacturers’ initial data.

Locomation, a technology platform, announced Feb. 10 a strategic relationship with Rush Enterprises to advance autonomous trucking.

Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago.

The U.S. economy is poised for a strong recovery in the third quarter, provided the number of people being given the COVID-19 vaccine significantly improves and Congress and the White House reach a COVID relief package.

Emergency aid for the transit and aviation sectors was approved in legislation advanced by the transportation committee in the U.S. House of Representatives Feb. 10.

Truck dealership Rush Enterprises reported net income rose and revenue slipped in the fourth quarter.

Applications for U.S. state unemployment insurance fell slightly last week while claims for federal benefits swelled, illustrating the persistent challenges in the system of delivering financial aid to the nation’s jobless.

Texas and Ohio, which serve as important freight hubs, earned mediocre grades on the infrastructure report cards recently issued by the American Society of Civil Engineers.