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The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.

Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.

Sean McMaster, nominee to lead the Federal Highway Administration, appeared before the Senate Environment and Public Works Committee on May 14, the first step of his confirmation process.

Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

The transportation panel in the U.S. House of Representatives recently reviewed proposals from its colleagues as a way to inform an upcoming multiyear highway policy measure.

Transportation Secretary Sean Duffy finalized 76 infrastructure grants among a backlog of 3,200 projects that had been approved under the Biden administration but left incomplete.

Carriers must replace the revoked ELDs with compliant ELDs from the Registered Devices list before July 11. Those that continue to use them will be considered as operating without an ELD.

Nucor, the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems.

Federal safety regulators have asked Elon Musk and Tesla to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national rollout.