Volvo Group closed a $40 million deal to buy Commercial Vehicle Group’s Kings Mountain, N.C., cab assembly operations in early October, it said when releasing third-quarter 2024 earnings.

Preliminary net data shows 12,100 trailer orders for the month, up 57.1% from August. But results continue "to bear witness to our expectations of weaker demand," ACT Research said.

Lilium NV said its main subsidiaries may be forced to file for insolvency proceedings within days as the electric flying taxi ...

PHMSA said the proposed rule, announced earlier this month, would provide nearly $100 million in annual cost savings for businesses and consumers.

SF Holding Co., China’s biggest express delivery company, is targeting a second listing in Hong Kong at the end of next month that could raise about $1 billion.

China’s Contemporary Amperex Technology Co. Ltd. on Oct. 24 unveiled a new battery designed for hybrid vehicles in an effort to wean more drivers off gasoline-guzzling cars.

[Stay on top of transportation news: Get TTNews in your inbox.] With shares falling and profits shrinking, Tesla Inc. is ...

Dallas-based Matador now plans to produce an average of 98,500 to 101,500 barrels of oil per day in 2024, a 5% increase from ...

UPS Inc. returned to sales and profit growth for the first time in nearly two years as the company benefited from higher ...

USDOT announced more than $4 billion in grants Oct. 21, including projects in Nevada, Ohio and Wisconsin that will add ...

American Tire Distributors, which sought bankruptcy protection in 2018 after the defection of two major manufacturers, has ...

The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.