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Maersk Warns of Worsening Container Demand and Inflation

One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.

November 2, 2022

Tesla Gives Demo to California DMV Probing Self-Driving Claims

Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials, including outside consultants the automaker previously sought to bar from the event.

November 1, 2022

Eaton Notches Record Quarterly Segment Margins of 21.2%

Diversified supplier Eaton Corp. reported lower net income and higher revenue in the third quarter as it notched record quarterly segment margins of 21.2% — above the high end of guidance and 1.3% above the same quarter in 2021.

November 1, 2022

Embark Launches Nine Sites for Pilot Operations

Embark Trucks Inc. announced the launch of the nine-site, coast-to-coast backbone of the Embark coverage map, preparing key Sun Belt markets to be served by fleet partners.

November 1, 2022

Congress Looks to States for Highway Trust Fund Revenue Solution

As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past.

November 1, 2022

Derek Leathers Named New ATRI Chairman

Derek Leathers, CEO, president and chairman of Werner Enterprises, is the new chairman of the American Transportation Research Institute, it was announced Nov. 1.

November 1, 2022

TuSimple Fires CEO Xiaodi Hou Amid Investigation

Self-driving truck technology developer TuSimple announced it terminated Xiaodi Hou, the company’s CEO, president and chief technology officer, and removed Hou from his position as chairman, effective Oct. 30.

October 31, 2022

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

November 1, 2022

EVs Become a Debate Topic Ahead of Midterm Elections

Heading into November’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by targeting a key component of President Joe Biden’s climate agenda: electric vehicles.

October 31, 2022

UAW Petitions to Organize GM-LG Energy Ohio Battery Plant

The United Auto Workers filed a petition to gain union membership for the 900 workers at the Ultium Cells LLC battery plant in Lordstown, Ohio, that is jointly owned by General Motors Co. and Korean partner LG Energy Solutions.

October 31, 2022