91ÊÓƵ

Self-driving truck developerÌýÌýannounced that it has begun validating its autonomous driving technology at speeds up to 65 mph with no one on board the vehicle in a closed-course environment.Ìý

Ìý

Wall Street expects the company to report $1.3 billion in revenue and an adjusted diluted loss per share of $1.73 for the quarter that ended in September.

GXO Logistics experienced a 28% jump in revenue as its operations built momentum in the third quarter, the company reported Nov. 5.

Profits at P.A.M. Transport slumped 61% in the third quarter of 2024 on the back of continued truckload market weakness and the impact of Hurricane Helene.

While no fully autonomous cars are in regular use in the country yet, some states have allowed limited testing and pilot programs on public roads.

Gov. RoyÌýCooper has issued two executive orders to aid recovery efforts in the state — one to expedite distribution of surplus goods, and another to waive motor vehicle requirements.

The Tennessee-based ground transportation and logistics services provider posted a net loss of $34.2 million, or negative $2.62 a diluted share, for the three months ending Sept. 30.

DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German carmakers ripples through their supply chains.

The world’s demand for diesel is forecast to fall this year, a rare event for the fuel that powers swaths of the global economy.