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Boeing CEO Warns of Prolonged Supply Chain Constraints

Boeing Co. cautioned that the aerospace industry could suffer from supply disruptions for more than half a decade, delaying deliveries to airlines and hampering the rebound from COVID-19.

May 23, 2023

Ford CEO Sticks to ‘Crazy High’ EV Goal

Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.

May 19, 2023

Deere Lifts Profit Outlook

Deere & Co. raised its full-year profit forecast amid strong demand for farm equipment and the easing of supply chain woes that have dogged companies since the pandemic.

May 19, 2023

EV Battery-Swapping Could Help Solve Charging Problems

Whether battery-swapping becomes a more mainstream alternative to charging in the U.S. depends, in part, on more automakers working with companies like Ample.

May 18, 2023

Walmart Boosts Outlook After a Strong First Quarter

NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.

May 18, 2023

April Trailer Orders Down 49% Year-Over-Year

U.S. trailer orders dropped by nearly half from the year-ago total to an estimated 10,000 units in April, ACT Research reported.

May 18, 2023

Elon Musk Says Tesla Will Try Advertising

Tesla Inc. CEO Elon Musk said the electric carmaker will dabble in advertisements, a major shift for the company that has largely avoided traditional marketing.

May 17, 2023

FMCSA: HOS Violations Rise After Rule Change

Changes to the HOS rule that went into effect in late 2020 may have increased flexibility for truck drivers, but the percentage of violations rose “significantly higher," according to FMCSA.

May 17, 2023

April Medium-Duty Sales See 16.2% Rebound

U.S. retail sales for medium-duty trucks grew 16.2% in April compared with the year-ago period, according to data from Wards Intelligence.

May 16, 2023