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Daimler Truck Says It’s Reviewing China Operations

BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.

October 30, 2024

Caterpillar Misses Estimates on Weakening Construction

Caterpillar Inc. posted a third-quarter profit that missed analysts’ expectations as the machinery producer grappled with weakening demand in construction around the world.

October 30, 2024

Volvo to Take Ownership of Northvolt Battery Joint Venture

Volvo Car is taking over a joint venture with Northvolt to build a factory on Sweden’s west coast, underscoring the major challenges of scaling battery production in the EV market.

October 30, 2024

Economy Grows at Solid 2.8% Pace on Strong Consumer Spending

WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.

October 30, 2024

Buttigieg, Lawmakers Tout IIJA on Third Anniversary

Approaching the three-year anniversary of the Infrastructure Investment and Jobs Act, Pete Buttigieg is pointing to the law’s impact on communities and commercial corridors.

October 29, 2024

Colonial Pipeline Weighs Bids for Potential $10B Sale

The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.

October 29, 2024

US Grants $2.4B for Rail Infrastructure Upgrades

Most of the money will go to track and bridge upgrades. Some will be used to bolster training and explore cleaner-burning alternatives to the diesel the rail industry has long relied on.

October 29, 2024

The Smart Trailer

Intelligent asset monitoring for dry van fleets.

October 1, 2024

The Smart Cold Chain

Real-time connectivity, visibility and traceability for refrigerated transportation. 

October 1, 2024