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GovernmentBusinessTechnologyTCA

Cleveland Matchmaking App for Trucking Raises $4.4 Million

A Cleveland-based startup has a solution to the trucker shortage: matchmaking. Software company Drive My Way lets drivers create profiles where they describe what they鈥檙e looking for in a working relationship.

October 28, 2022
BusinessTechnologyLogistics

SpaceX鈥檚 Swarm Subsidiary Launches Satellite-Based Tracking Device

Swarm, a satellite data service provider owned by SpaceX, has introduced a simple asset-tracking device that can function anywhere in the world using the company鈥檚 global satellite network.

October 28, 2022
BusinessTechnologyEquipmentFuel

Allison Q3 Results Improve on Broad Gains

Allison Transmission Holdings Inc. reported higher third-quarter net income and revenue as five of six of its end markets climbed.

October 28, 2022
GovernmentBusinessLogistics

APM Terminals Mobile Reports Record Containers Handled for September

APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.

October 28, 2022
BusinessTechnologyFuel

Tesla CEO Elon Musk Takes Control of Twitter

Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company鈥檚 top lawyer, two people familiar with the deal said Oct. 27.

October 28, 2022
GovernmentBusinessTechnologyAutonomous

Tesla Faces US Criminal Probe Around Self-Driving Claims

U.S. prosecutors are investigating whether Tesla Inc. made misleading claims about the capabilities of its Autopilot driver assistance system, according to a person familiar with the matter.

October 27, 2022
GovernmentBusinessEquipment

Auto Prices Finally Begin to Creep Down From Inflated Highs

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

October 27, 2022
GovernmentBusinessTechnologyFuel

EU to Ban New Combustion Engine Cars as of 2035

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

October 27, 2022
GovernmentBusiness

US Economy Returned to Growth Last Quarter, Expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy鈥檚 health has emerged as a paramount issue.

October 27, 2022
GovernmentBusinessFuel

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration鈥檚 effort to rein in energy costs ahead of the election.

October 27, 2022

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