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GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

Japan’s Eneos Group paid $3.975 million in an auction Nov. 8 to jump to the front of the line at the congested Panama Canal waterway, a record high.

The Commercial Vehicle Safety Alliance has adopted a slate of new policy positions, including in support of a “beyond compliance” concept. 

Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.

COLOMBO, Sri Lanka — The U.S. announced a $553 million project Nov. 8 to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo.

Scania is combining with logistics firm sennder Technologies to deploy 100 e-trucks to carriers in Germany.

DETROIT — GM's Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in October.

Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.

Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period’s results.

Renault SA and Nissan Motor Co. are close to completing a landmark deal to rebalance their 24-year-long alliance, according to people familiar with the matter.