Daimler AG, Volvo AB and other truck makers should be ordered to pay 867 million euro ($965 million) over a price-fixing cartel, according to lawyers in Germany for companies that were overcharged.
October 24, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Tesla Shares Soar as Elon Musk Packs Profit Report With Positives
Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.
October 24, 2019San Diego MTS Launches $12.5 Million Electric Bus Pilot Program
Transit officials in San Diego are rolling out a new $12.5 million pilot program to test the region’s first electric buses.
October 23, 2019At Tokyo Auto Show, Visions for Cars of the Future, but no Ghosn
TOKYO — The Tokyo Motor Show opens this week with plenty of futuristic technologies but absent one of the auto industry’s hugest influencers: Nissan’s former chairman, Carlos Ghosn.
October 23, 2019Renault Joins Toyota, Mercedes With Hydrogen Van
Renault SA will offer its electric Kangoo van with added hydrogen fuel cells before the end of the year and roll out the technology to another model in 2020.
October 23, 2019CN Reports Strong Q3 Earnings, but Officials Say Rail Volume is Dropping
Canadian National Railway joined the growing list of Class 1 railroads to report strong third-quarter financial results, and at the same time drive down costs by improving efficiency by adopting the principle of precision scheduling railroading.
October 22, 2019Federal Officials Highlight Disaster Mitigation Program
WASHINGTON — A Federal Emergency Management Agency official addressing a House transportation panel Oct. 22 touted a disaster mitigation program established last year.
October 22, 2019Lyft Forecasts Profit by End of 2021, Sending Shares Surging
Ride-hailing company Lyft Inc. is expected to turn a profit by the end of 2021, a year earlier than analysts had expected, company executives said.
October 22, 2019Williams CEO Says Its Gas Pipe Can Help Cuomo’s NY Green Goals
A natural gas pipeline that has been held up by New York could help Gov. Andrew Cuomo meet his ambitious clean energy goals if he approves it, according to the developer behind the $1 billion project.
October 22, 2019UPS, AmerisourceBergen Plan Drone Drug and Device Delivery
UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.
October 22, 2019