Business

Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.

Chevron Corp.’s $53 billion deal to acquire Hess Corp. suffered a blow May 13 when a leading shareholder adviser urged investors to abstain from voting for the deal.

General Motors’ troubled Cruise autonomous vehicle unit said May 13 that it will start testing robotaxis in Arizona this week with human safety drivers on board.

Sustainable transportation is about moving goods efficiently while minimizing negative impacts on the environment and society.

TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.

House Republicans questioned Julie Su’s capacity to serve as acting labor secretary and criticized department rules regarding the status of independent contractors at a May 1 hearing.

As cars and trucks get smarter and more connected, the humble lights that have controlled the flow of traffic for more than a century could also be on the cusp of a major transformation.

Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.

Orlando-to-Tampa corridor on Interstate 4 currently has just 90 spots for the 18,000 trucks passing through daily. 

March is the only month that hasn't shown a year-over-year increase in Class 8 truck orders.