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Uber Soars After Beating Estimates as Ridership Defies Inflation

Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares jumped about 14% in early trading.

August 2, 2022

US Senate Proposes Fiscal 2023 FMCSA Funds

Senate funding leaders are proposing $873.6 million for federal trucking programs as part of a fiscal 2023 transportation bill.

August 1, 2022

Nikola Buys Battery Maker Romeo Power

Nikola Corp. has agreed to acquire energy-storage technology company Romeo Power for about $144 million, the Phoenix-based electric vehicle maker announced Aug. 1.

August 2, 2022

Aurora Adds Fourth Fleet Partner for Autonomous Pilot

Autonomous technology developer Aurora Innovation Inc. and Schneider National Inc. have announced a commercial pilot effort to haul freight for Schneider’s customers with Aurora Driver, Aurora’s autonomous technology.

August 1, 2022

Bridge Slide in Utah Involved Technical Savvy — and Dish Soap

Truckers driving over the Interstate 15 freight corridor in Utah may not realize lane closures were minimized to several hours instead of days when a new 550-ton bridge slid into place using dish soap, hydraulic jacks and technical skill.

August 1, 2022

Amazon Starts Same-Day Deliveries From Stores in Metro Areas

Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.

August 1, 2022

Tesla Signs Battery Materials Deals With Two China Suppliers

Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition.

August 1, 2022

Musk-Twitter Trial to Start Oct. 17

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

July 29, 2022

Congress Approves Semiconductor, Supply Chain Bill

Legislation to boost domestic semiconductor manufacturing while improving freight access along the nation’s supply chains was sent to President Joe Biden’s desk July 28.

July 28, 2022

C.H. Robinson Reports Record Profits for Q2

C.H. Robinson Worldwide Inc. on July 27 reported record second-quarter profits as a strong pricing environment lifted results.

July 28, 2022