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GovernmentBusinessTechnologyFuel

Here’s What a Trump Presidency Means for EVs, Oil

Donald Trump’s victory promises to shake up U.S. energy and environmental policy, with sweeping implications for oil production, offshore wind development and electric vehicle sales.

November 6, 2024
BusinessTechnologyAutonomous

Lyft Teams With Mobileye in Series of Autonomous Deals

Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.

November 6, 2024
GovernmentBusiness

Trump Victory Brings Risk of Tariffs

Business leaders around the world awoke Nov. 6 to a new reality with Republican Donald Trump set to return to the White House, promising greater U.S. protectionism and higher tariffs.

November 6, 2024
BusinessEquipment

Cummins Q3 Profit Jumps 23.3% on Data Center Generator Needs

Buoyant appetite for data center power generators underpinned a 23.3% year-on-year jump in Cummins Inc.’s profit in the third quarter, trumping weak demand for heavy-duty truck engines.

November 5, 2024
GovernmentBusinessTechnologyEquipmentSafety

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
BusinessLogisticsTop 100

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
BusinessTechnologyLogistics

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
BusinessTechnology

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

Self-driving truck developer °®¶¹´«Ã½Â announced 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.   

November 5, 2024
BusinessFor-Hire

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
GovernmentBusinessTechnologySafetyAutonomousTCA

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