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Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand

Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.

January 9, 2024

US Trucking Faces Downstream Effects From Suez Canal Attacks

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

January 9, 2024

Lidar Maker Aeva Wins Multiyear Contract for Daimler Trucks

Aeva Technologies Inc. has won a multiyear contract to supply Daimler Truck Holding AG with technology to help advance autonomous driving on highways.

January 9, 2024

Goodyear Unveils Plans for Sustainable EV Tires at CES

The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.

January 9, 2024

Drivewyze Offers Free Access to New Safety System

WASHINGTON — Transportation technology company Drivewyze announced at the Transportation Research Board conference Jan. 9 that it is making its new safety system available at no cost.

January 9, 2024

60 Seconds: Port Leaders Enter 2024 With Cautious Optimism

The shipping industry is keeping a watchful eye on developments in Panama Canal, Middle East. Story by Dan Ronan.

January 9, 2024

Less Volatility in Diesel Prices Expected in 2024

Motor carriers can expect lower prices and less volatility at diesel pumps in 2024, according to experts. 

January 9, 2024

TRB Unveils Critical Issues Report

WASHINGTON — A guiding document outlining issues deemed highly important across transportation modes was unveiled for the annual meeting of the Transportation Research Board.

January 8, 2024

Berkshire Settles Pilot Travel Sale Claims on Eve of Trial

Berkshire Hathaway has avoided trial by settling allegations it violated the terms of its buyout of Pilot Travel Centers by changing the accounting methods used to value part of the deal.

January 8, 2024

EV-Charging Firms Could Struggle With Finances in 2024

U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.

January 9, 2024