91ÊÓƵ

Toyota Motor Corp. and Nippon Telegraph & Telephone Corp. have agreed to invest billions to develop autonomous driving software assisted by artificial intelligence.

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. 

PITTSBURGH — Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year, a delay from the end of 2024.

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.

CLEVELAND — Trucking is dealing with an evolving cybersecurity environment that raised concerns among industry experts during a panel discussion Oct. 28.

As electric car sales pick up pace far from the U.S. coasts, a wave of new fast-charging stations is coming online from the Rust Belt down to the Deep South.