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Allison Q3 Results Improve on Broad Gains

Allison Transmission Holdings Inc. reported higher third-quarter net income and revenue as five of six of its end markets climbed.

October 28, 2022
GovernmentBusinessLogistics

APM Terminals Mobile Reports Record Containers Handled for September

APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.

October 28, 2022
BusinessTechnologyFuel

Tesla CEO Elon Musk Takes Control of Twitter

Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Oct. 27.

October 28, 2022
GovernmentBusinessTechnologyAutonomous

Tesla Faces US Criminal Probe Around Self-Driving Claims

U.S. prosecutors are investigating whether Tesla Inc. made misleading claims about the capabilities of its Autopilot driver assistance system, according to a person familiar with the matter.

October 27, 2022
GovernmentBusinessEquipment

Auto Prices Finally Begin to Creep Down From Inflated Highs

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

October 27, 2022
GovernmentBusinessTechnologyFuel

EU to Ban New Combustion Engine Cars as of 2035

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

October 27, 2022
GovernmentBusiness

US Economy Returned to Growth Last Quarter, Expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

October 27, 2022
GovernmentBusinessFuel

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

October 27, 2022
BusinessLogistics

How to Avoid Pest Delays to Your Logistics Operations

Program Aired: October 27, 2022 Whether you’re moving goods, storing them, or doing both, your customers expect their products on time and without errors. Any signs of pest activity can have a ripple effect on your business and your employees which is why it’s important to prevent them. Join Orkin entomologist, Ian Williams, BCE, for an educational webinar where you will learn about how costly pests can be for the logistics industry and get proactive tips you can use to help ensure your business operates without pest delays.   

October 27, 2022
Business

Schneider Reports 16% Revenue Increase to $1.68B for Q3

Schneider reported quarterly growth amid normalizing market conditions during the third quarter, the company reported Oct. 27.

October 27, 2022

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