Uber shares jump on ride, delivery growth
Shares of Uber are higher on Tuesday after the ride-sharing company reported growth in gross customer bookings and deliveries in the first quarter of 2023.
Wisconsin train crash aftermath captured in dramatic drone video
Drone footage showed the aftermath of a Burlington Northern Santa Fe train derailment near De Soto, Wisconsin, at the Mississippi River.
Honda recalls 564,00 CR-Vs
Automaker Honda is recalling 564,00 CR-Vs in cold weather states because road salt can cause the frame to rust and rear suspension parts to come loose and fall off.
BNSF train carrying ethanol in Minnesota derails and catches fire, forcing evacuations in small town
Residents of Raymond, Minnesota have been ordered to evacuate Thursday following the derailment of a Burlington Northern Santa Fe train, which sparked a fire.
Tesla shares rise on delivery forecast
Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.
Trucking giant Knight-Swift Transportation to buy U.S. Xpress
The addition of U.S. Xpress’s 7,200 tractors and 14,400 trailers would boost Knight-Swift’s truckload fleet to roughly 25,000 tractors and 93,000 trailers.
Tesla stock now blue-chip after credit upgrade
Tesla stock has been promoted to blue chip status after Moody’s upgraded its rating of the electric vehicle maker.
Texas deputies respond to small plane crash, injuries unknown
Texas deputies responded to a small plane crash that happened on Saturday in Lubbock. The number of people on the plane is unknown.
Norfolk Southern CEO apologizes for East Palestine, Ohio, train derailment in Senate testimony
Norfolk Southern CEO Alan Shaw testified that he's "deeply sorry" about the East Palestine, Ohio, derailment before the Senate Committee on Environment and Public Works Thursday.
GM offers buyouts as part of cost reduction plan
Automaker GM will offer buyouts for most of its salaried employees and global executives but said the actions are not job cuts.
Uber might need to stow its freight train
Uber's freight business, CEO Dara Khosrowshahi's vision for the ride share apps future, might lack the synergies that Rides and Eats share between customers and drivers.
Jet 'trim issues' may have led to deadly turbulence: NTSB
National Transportation Safety Board said "trim issues" may have led to deadly turbulence on a jet that resulted in the death of a passenger. The plane was experiencing stability issues.
Boeing CEO gets pay package, loses $7M bonus
Boeing CEO Dave Calhoun received a pay package of $22.5 million, but was denied a $7 million incentive bonus due to delivery delays.
Train-car wheel bearing overheated before Ohio train derailment, NTSB finds
An overheated bearing on a railcar was the likely cause of the Norfolk Southern train derailment in East Palestine, Ohio, federal officials said Thursday.
EV price war leaving delivery and fleet vehicles in the dark
As Tesla, Rivian, Lucid, Ford and GM cut electric vehicle costs in fight for retail consumers, fleet and distribution industry is not being electrified.
Norfolk Southern’s Ohio train cost cleanup minimal as Buttigieg tours region
U.S. Transportation Secretary Pete Buttigieg will visit East Palestine, Ohio on Thursday following the derailment and spill of hazardous materials of a Norfolk Southern (NSC) freight line.
Norfolk Southern becomes third railroad to offer paid sick time
Norfolk Southern became the third railroad on Wednesday to make sick time available to workers, an issue in the last contract negotiations.
Flight disruptions at JFK to stretch to a third day
Limited operations are expected to resume on Saturday at JFK Airport's Terminal 1 which serves international flights.
Biden admin bragged about building ‘made-in-America’ EV charging network, then waived ‘Buy America’ rules
The Biden administration announced it would buy non-US-made EV chargers to quickly build an EV charger infrastructure, after having boasted about a 'made-in-America' network.
FedEx cutting over 10% of management roles
FedEX CEO Raj Subramaniam announced in a letter to team members the company was reducing over 10% of its executive roles to maintain efficiency during uncertain economic times.