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USDOT Outlines Infrastructure Funding Availability

Federal funds to enhance safety and connectivity across the country’s mobility networks will become available over the next few months to help state agencies make improvements to freight corridors, and also propel adoption of new technologies throughout the transportation landscape.

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

Norfolk Southern Posts Record Q2 Results

Norfolk Southern Corp. on July 27 posted record second-quarter financial results that beat the expectations of Wall Street analysts.

July 28, 2022

The Glider Truck Is Gone, but Not Forgotten

In its heyday, Fitzgerald Glider Kits was the nation’s top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.

July 28, 2022

Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota

A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.

July 28, 2022

Ford Wants Cops to Go Electric by Buying Its New F-150 Pickup Truck

Ford Motor Co. is unveiling its first version of an all-electric pickup truck police cruiser.

July 28, 2022

Top 7 Considerations for an AI-based Vehicle Safety System

Program Airs: August 18. 2022. Many vendors claim to have AI-based safety systems. But what are the key considerations when choosing an AI-based vehicle safety system? It’s critical to understand this to help prevent collisions and to save on your bottom line.  

August 18, 2022

US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop

WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

July 28, 2022

Rivian to Cut 6% of Its Workforce

Rivian Automotive Inc. is cutting about 6% of its workforce and simplifying product plans, saying the economy has made it harder for the electric vehicle maker to raise money to build up production.

July 27, 2022

Ford Q2 Profit Up 19% on Strong Prices, Sales Increase

DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.

July 27, 2022