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Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects and actively pursuing a site for a stand-alone battery factory in addition to a pair of new vehicle-assembly plants already planned.

U.S. trailer orders dropped below 17,000 in October, according to industry forecaster FTR, far below a year ago when orders reached almost 55,000.

Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.

Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.

The Department of Defense U.S. Transportation Command has awarded a potential $20 billion contract to a Houston firm that will manage an estimated 325,000 annual moves of military families worldwide.

NASHVILLE, Tenn. — Trucking recruiters and industry officials at the Recruitment and Retention Conference addressed concerns about the tight labor market, ongoing driver shortage and the growing number of drivers who have had positive drug or alcohol tests and not begun the process for reinstatement.

Hyliion Holdings Corp. reported a wider third-quarter net loss and no revenue as it worked to bring its two electrified powertrain solutions for Class 8 trucks to market.

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

A handful of electronic logging devices have now received certification for Canada’s federal ELD mandate.

Daimler AG said it intends to dispose of all of its stake in Renault SA, valued at about $364 million.