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Utah Seeks to Boost Trade With Mexico, Pushes Port Plan

Utah Gov. Spencer Cox unveiled the state’s agreement with Mexico to improve trade as Utah’s developing inland port marches ahead with a plan to become a global logistics connector.

November 2, 2023

Werner Enterprises Reports Earnings Drop on Steady Revenue

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.

November 2, 2023

Aurora to Open Autonomous Houston-to-Dallas Route

Aurora announced the completion of a Houston terminal that finalizes the first commercial-ready route for driverless trucks.

November 2, 2023

Uber, Lyft to Pay $328 Million in Wage Theft Settlement

NEW YORK — Ride-hailing companies Uber and Lyft will pay a combined $328 million to settle wage theft claims in New York, Attorney General Letitia James announced Nov. 2.

November 2, 2023

Toyota Recalls Nearly 1.9 Million RAV4s

DETROIT — Toyota said Nov. 2 it is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire.

November 2, 2023

Toyota Hikes Pay on Heels of UAW-Detroit Deals

Toyota Motor Corp. is raising wages for assembly workers in the U.S. after its Detroit carmaking rivals reached tentative deals with their union to boost pay.

November 1, 2023

Fed Keeps Benchmark Interest Rate at 5.4%

WASHINGTON — The Federal Reserve kept its key short-term interest rate unchanged Nov. 1 but left the door open to further rate hikes if inflation pressures should accelerate.

November 1, 2023

Port Leaders Push Wind Power as Long-Term Solution

AURORA, Colo. — Port leaders believe they are part of the solution to capturing renewable wind energy off of their coasts and under their operation with giant wind turbines that float on the water.

November 1, 2023

Traton Reports Revenue Growth to $12 Billion for Q3

Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.

November 1, 2023