Senior members of the Senate panel on freight policy have found themselves in competitive contests this fall as the parties vie for control of the chamber.

The U.S. General Services Administration has awarded a $33.2 million contract to modernize Washington state’s busiest commercial border crossing with Canada.

The Okotoks, Alberta-based company posted net income of C$38.3 million, or 41 cents a diluted share, for the three months ending Sept. 30.

Knight-Swift Transportation Holdings experienced a 49.4% decline in earnings year over year during the third quarter of 2024, the company reported Oct. 23.

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.

DALLAS — In-cab technology supplier Isaac Instruments is rolling out a new analytics platform and its first set of features powered by AI to help fleets derive more value from their data.

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 firm struggles to raise enough funding to continue operations.

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

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.

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.

UPS Inc. returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and steadying labor costs.

OMAHA, Neb. — Union Pacific’s third-quarter profit grew 9% as the railroad delivered 6% more freight and continued to raise prices and streamline its operations.

C.C. Clark will invest $129 million to build a corporate headquarters as part of a new 300,000-square-foot distribution center along Kentucky’s Interstate 65 corridor.

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

USDOT announced more than $4 billion in grants Oct. 21, including projects in Nevada, Ohio and Wisconsin that will add parking to existing facilities along interstate highways.

Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.

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 the company’s previous projection.

Old Dominion Freight Line experienced a slight decline in third-quarter revenue amid ongoing market softness, the company reported Oct. 23.

The company will build a 435,000-square-foot facility in Orangeburg County to launch next-generation synthetic graphite production operations.