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UPS Beats Q4 Expectations; Leadership Optimistic About Labor Negotiations
UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.
January 31, 2023Self-Driving Semis at Center of California Regulatory Conflict
SACRAMENTO, Calif. ā As California regulators explore new rules to put self-driving semitrucks on the road, labor unions are rushing to the state Legislature to ask for a new law they say will protect their jobs.
January 31, 2023NHTSA Denies Petition to Remove Underride Guard Labeling Requirement
The National Highway Traffic Safety Administration has denied a petition filed by the Commercial Vehicle Safety Alliance asking regulators to drop a requirement for trucks and trailers to display a legible certification label on their rear impact guards.
January 31, 2023Tesla Gets Justice Department Subpoena for Self-Driving Features
The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and āFull Self-Drivingā features, according to a regulatory filing.
January 31, 2023GM Sales Rebound, Quarterly Profits Up 16%
DETROIT ā Rising factory output led to strong U.S. sales at the end of last year, pushing General Motorsā fourth-quarter net income up 16% over the same period a year ago.
January 31, 2023Court Upholds Minnesotaās āClean Car Ruleā Tied to California
ST. PAUL, Minn. ā The Minnesota Court of Appeals on Jan. 30 upheld the stateās āClean Car Rule,ā which ties the stateās vehicle emission standards to California regulations.
January 30, 2023Diesel Up 1.8Ā¢ to $4.622 in Third Increase of 2023
The national average price of diesel nudged up 1.8 cents to $4.622 a gallon, according to Energy Information Administration data released Jan. 30.
January 30, 2023Biden Kicks Off Work to Relieve East Coast Amtrak Bottleneck
President Joe Biden kicked off a project to replace a 150-year-old Baltimore rail tunnel thatās slowing train traffic along the Northeast Corridor.
January 30, 2023Major Shareholder Backs Ritchieās $6 Billion IAA Deal
A large investor in Ritchie Bros. Auctioneers Inc. is backing the Canadian auction companyās proposed takeover of IAA Inc., giving a boost to a deal that has been opposed by other shareholders.
January 30, 2023