[Stay on top of transportation news: Get TTNews in your inbox.] New York is offering $300 million for port improvements in a signal of support for an offshore wind industry that’s been battered by the ...
FedEx reported higher revenue and earnings for its fiscal second quarter ended Nov. 30, posting net income of $956 million on revenue of $23.5 billion, up 6.8% year over year. Results were near Wall ...
CEO W.M. "Rusty" Rush refers to the current freight market downturn as a “right-sizing” due to fleets overbuying during the COVID era. Rush expects a limited pre-buy in 2026, assuming fleets feel ...
Analysts at PwC say trucking and transportation M&A will ramp up in 2026 as rate cuts revive deferred deals. Lower borrowing costs after multiple Fed cuts and steadier trade policy boost confidence ...
President Donald Trump signed a Dec. 18 executive order directing agencies to move cannabis from Schedule I to Schedule III, restarting a stalled federal rulemaking process. The shift could boost ...
Tesla Inc. co-founder JB Straubel’s battery recycling firm, Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects to refocus on tapping into demand for ...
The automaker will equip its upcoming R2 sport utility vehicles with Rivian Autonomy Processor 1 chips and a new lidar sensor. TSMC will produce the chips.
Rush Enterprises held its first Tech Skills Rodeo in Nashville, Tenn., in 2006. More than $288,000 in cash and prizes was distributed at this year's event. Since 2006, the contest has awarded in ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
Nassau County prosecutors charged seven people, including three former New York DMV employees, in a 51-count indictment alleging a scheme to illegally obtain commercial driver licenses for unqualified ...
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the U.S. automaker rolled back its electric vehicle ambitions. Ford notified LG of the ...
President Donald Trump said he will announce his pick for the next Federal Reserve chair in early 2026, clarifying the timing of a closely watched decision. The choice will determine the successor to ...