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Watch: Biden’s ‘Infrastructure Decade’ Becoming More Concrete

From coast to coast, a $1 trillion bipartisan infrastructure package is breathing life into long-awaited transportation projects.

August 7, 2024

Daimler Truck Reports 4% Revenue Decline in Q2

The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.

August 7, 2024

Lack of Standard Training for EV Techs Perpetuates Shortage

There’s an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There’s no nationwide standard for training those technicians.

August 7, 2024

Continental Gains After Car-Parts Returns Turn Positive

Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.

August 7, 2024

Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid

A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.

August 7, 2024

Bestpass, Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.

August 7, 2024

Rivian Holds to Annual Production Goal Unchanged Since 2023

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

August 6, 2024

WK Kellogg to Close Omaha Plant, Downsize in Memphis

WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities.

August 6, 2024

Fiscal 2025 Bills on Congress’ Fall Calendar

When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber’s agenda, Majority Leader Chuck Schumer said.

August 6, 2024

Ice Cream Giant Wells Enterprises Plans $425M New York Expansion

Wells, headquartered in Le Mars, Iowa, produces more than 200 million gallons of ice cream annually and distributes products in all 50 states.

August 6, 2024