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BusinessPrivate

Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.

November 16, 2023
GovernmentSafety

Democrat Senators Press Safety Initiatives

The Infrastructure Investment and Jobs Act’s two-year anniversary is an opportunity to revisit several safety concerns, two senior Democratic senators recently said.

November 16, 2023
GovernmentBusiness

Congress Approves Short-Term Bill, Averts Shutdown

Ending the threat of a government shutdown until after the holidays, Congress gave final approval to a temporary funding package that pushes a fight over the budget into the new year.

November 16, 2023
GovernmentTechnologySafety

FAA Needs to Improve Staffing, Technology, Says Expert Panel

Aviation experts who examined the Federal Aviation Administration’s safety record say the agency needs better staffing, equipment and tech to manage a surge in close calls between planes.

November 16, 2023
BusinessTechnologyAutonomous

Torc Lays Out Road Map to Autonomous Truck Launch in 2027

ALBUQUERQUE, N.M. — °®¶¹´«Ã½ is fine-tuning its technology and laying the foundation for autonomous fleet operations as it targets a 2027 market launch for its virtual driver product.

November 16, 2023
GovernmentBusiness

Producer Prices in October Drop Most Since 2020

U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates.

November 15, 2023
BusinessTechnologyEquipmentFuel

Volvo Workshop Prepares Fleet Partners for CARB Regulations

Now is the time for fleets to meet the challenge of complying with next year’s CARB regulations, a panelist said during a virtual Volvo Trucks regulatory workshop. 

November 15, 2023
GovernmentBusiness

Retail Sales Slip in October With Holiday Season Ahead

Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars.

November 15, 2023
BusinessEquipment

October Medium-Duty Sales Post First Decline Since March

U.S. retail sales for medium-duty trucks declined 4.2% year-over-year in October, ending six consecutive months of year-over-year increases, according to data from Wards Intelligence.

November 15, 2023
GovernmentTechnologyEquipment

Energy Department Announces $3.5 Billion for Battery Funding

The Energy Department is pushing to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.

November 15, 2023