Business

Tesla Inc. released a software update to 1.85 million cars in the U.S. to guard against its vehicles’ hoods flying open during driving.

LONDON — Oil giant BP said it will reward shareholders to the tune of $7 billion this year through the purchase of its own stock, even as it reported a 30% decline in profits in the first half of 2024.

Record demand for Class 8 vocational trucks propelled profits and revenue at Allison Transmission Holdings higher in the second quarter of 2024.

Clean Fuels Alliance America told the U.S. Environmental Protection Agency that it will sue over the agency’s delay in establishing 2026 biofuel volumes.

Commercial vehicle owners in Connecticut will be protected from a doubled tax rate that would have happened in October but was avoided due to a recently enacted law by Gov. Ned Lamont.

A Senate committee on July 25 easily advanced a bill that would ensure funding for the U.S. Department of Transportation in fiscal 2025.

Drivers whose trucks are sidelined along a busy highway with service issues have for decades been required to place warning triangles behind the trailer to alert oncoming traffic.

The Biden administration announced July 29 it has purchased 4.65 million barrels of crude oil for the nation’s emergency cache as it continues refilling the depleted reserve.

Humans are the greatest asset and vulnerability for logistics companies in today’s cybersecurity landscape. Human error can inadvertently expose organizations to crippling risks.

BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.