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Ritchie Shareholders Approve $6 Billion IAA Takeover

Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.

March 14, 2023

Amazon, Rivian May End EV Van Exclusivity

Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports.

March 14, 2023

Buttigieg, DOT Push Crackdown on Transportation Mergers

Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to Secretary Pete Buttigieg.

March 14, 2023

Inflation Stays High in February, Complicating Fed’s Plans

WASHINGTON — U.S. consumer price increases eased from January to February but still indicated elevated inflation, posing a challenge for the Federal Reserve's interest rate plans.

March 14, 2023

VW Increases Investments in EV, Software Technologies

Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.

March 14, 2023

Tesla Autopilot Doesn’t Live Up to Name, Buttigieg Says

Tesla Inc.’s "Autopilot" name for its trademark driver-assistance system lacks “common sense,” according to Transportation Secretary Pete Buttigieg.

March 14, 2023

Tackling AI Fleet Management

New artificial intel­ligence capabilities promising automated, 24/7 monitoring of trucking fleets and vehicle maintenance are getting a mixed reaction from trucking leaders.

March 17, 2023

Broader Horizons for Autonomous Trucks

Self-driving truck developers are pursuing several different concepts for how and where their technology could fit into real-­world freight operations in the coming years.

March 17, 2023

Diesel Down 3.5¢ to $4.247

The national average price for diesel slipped 3.5 cents to $4.247 a gallon, according to Energy Information Administration data released March 13.

March 13, 2023

Senate Leaders Champion Biden’s Budget Proposal

Capitol Agenda: Democratic leaders in the Senate touted the Biden administration’s budget plan for boosting safety and supply chain connectivity.

March 13, 2023