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Maker of Smaller, Lighter Electric Motors Attracts Investors

Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.

May 17, 2022

Nearly 43,000 Deaths on US Roads in 2021, NHTSA Says

DETROIT — Nearly 43,000 people were killed on U.S. roads last year, the highest number in 16 years as Americans returned to the highways after the pandemic forced many to stay at home.

May 17, 2022

Ford-Backed Argo Goes Driverless in Miami, Austin

Argo AI, the driverless startup backed by Ford Motor Co. and Volkswagen AG, has started testing self-driving vehicles in Miami and Austin, Texas, without a human behind the wheel.

May 17, 2022

Ryder Expands Last-Mile Delivery Network With Boise Hub

Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.

May 17, 2022

Secretary Walsh Touts Truck Drivers Amid Automation Advances

Truck drivers will continue to provide key contributions to the freight industry as automation is steadily adopted throughout the transportation landscape, Secretary of Labor Marty Walsh said recently.

May 17, 2022

Cities Find Easier Access to Infrastructure Funds

While local communities have more access to federal infrastructure funds to improve transportation, rising project costs are creating difficulties.

May 17, 2022

Hydrogen Likely to Be Next Fuel for Trucking, Panelists Say

LONG BEACH, Calif. — Hydrogen fuel cells are being adopted in transit fleets, and trucking is poised to be the second mover with the fuel — and ultimately see a price at production comparable to diesel, experts said at ACT Expo.

May 17, 2022

°®¶¹´«Ã½ Depot Overcomes Slow Start to Year, Rising °®¶¹´«Ã½ Prices

°®¶¹´«Ã½ Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.

May 17, 2022

Walmart Profit Drags as Inflation Takes a Bite

NEW YORK — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.

May 17, 2022

Retail Sales Show Consumers Standing Firm in Face of Inflation

U.S. retail sales grew at a solid pace in April, reflecting broad-based gains and suggesting demand for merchandise remains resilient despite rampant inflation.

May 17, 2022