Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.
November 6, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Trump Victory Brings Risk of Tariffs
Business leaders around the world awoke Nov. 6 to a new reality with Republican Donald Trump set to return to the White House, promising greater U.S. protectionism and higher tariffs.
November 6, 2024Cummins Q3 Profit Jumps 23.3% on Data Center Generator Needs
Buoyant appetite for data center power generators underpinned a 23.3% year-on-year jump in Cummins Inc.’s profit in the third quarter, trumping weak demand for heavy-duty truck engines.
November 5, 2024GM Recalls Chevy Bolts from 2020–2022 Over Battery Fire Risk
This smaller recall from GM comes three years after a larger callback of the all-electric Chevrolet Bolt for a similar hazard.
November 5, 202460 Seconds: Torc's Fully Driverless Truck Zooms at 65 mph
Self-driving truck developerÌýÌýannounced that it has begun validating its autonomous driving technology at speeds up to 65 mph with no one on board the vehicle in a closed-course environment.Ìý
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November 5, 2024Lineage Prepares for First Post-IPO Earnings Report
Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.
November 5, 2024GXO Reports 28% Revenue Jump for Q3
GXO Logistics experienced a 28% jump in revenue as its operations built momentum in the third quarter, the company reported Nov. 5.
November 5, 2024Ongoing Truckload Weakness, Helene Hurt P.A.M. Q3 Profit
Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.
November 5, 2024States Prepare Rules for Autonomous Vehicles
While no fully autonomous cars are in regular use in the country yet, some states have allowed limited testing and pilot programs on public roads.
November 5, 2024North Carolina Deploys Surplus Goods to Aid Storm Recovery
Gov. RoyÌýCooper has issued two executive orders to aid recovery efforts in the state — one to expedite distribution of surplus goods, and another to waive motor vehicle requirements.
November 5, 2024