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GM Recalls Chevy Bolts from 2020–2022 Over Battery Fire Risk

This smaller recall from GM comes three years after a larger callback of the all-electric Chevrolet Bolt for a similar hazard.

November 5, 2024

60 Seconds: Torc's Fully Driverless Truck Zooms at 65 mph

Self-driving truck developerÌýÌýannounced that it has begun validating its autonomous driving technology at speeds up to 65 mph with no one on board the vehicle in a closed-course environment.Ìý

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November 5, 2024

Lineage Prepares for First Post-IPO Earnings Report

Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.

November 5, 2024

GXO Reports 28% Revenue Jump for Q3

GXO Logistics experienced a 28% jump in revenue as its operations built momentum in the third quarter, the company reported Nov. 5.

November 5, 2024

Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit

Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.

November 5, 2024

States Prepare Rules for Autonomous Vehicles

While no fully autonomous cars are in regular use in the country yet, some states have allowed limited testing and pilot programs on public roads.

November 5, 2024

North Carolina Deploys Surplus Goods to Aid Storm Recovery

Gov. RoyÌýCooper has issued two executive orders to aid recovery efforts in the state — one to expedite distribution of surplus goods, and another to waive motor vehicle requirements.

November 5, 2024

Forward Air Revenue Soars 92%; Net Loss Hits $34M

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

November 5, 2024

Aramco Q3 Profit Down 15% Year Over Year

DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.

November 5, 2024

Parts Maker Schaeffler to Cut 4,700 Jobs on Auto Woes

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German carmakers ripples through their supply chains.

November 5, 2024