The White House confirmed on Feb. 2 the start of “Project Vault,” which would initially be funded by a $10 billion loan from the U.S. Export-Import Bank and nearly $1.67 billion in private capital.

Parent company Alphabet would provide about $13 billion to the robotaxi firm, while the rest would come from others, including new investor Sequoia Capital, Bloomberg reports.

Tyson Foods, in a move meant to turn around the beef segment, said it would close a Nebraska beef plant and reduced a Texas facility to a single shift. The company maintained its outlook for the year.

The U.S., previously a leader in growth rates for container shipping, is now lagging much of the world. Inbound volumes in December dropped 6.4% from a year earlier to 1.9 million TEUs.

Pennsylvania has added truck parking at 24 sites, while Arizona opened a new lot on Interstate 17 where demand is high. Both states are in the midst of plans to rapidly increase availability.

First Brands and its main creditors will start mediation sessions to potentially resolve a series of business-crippling disputes that have left the auto parts maker weeks away from a shutdown.

Schneider responded to a disappointing fourth quarter with renewed resolve to improve operations and prepare for an expected freight upturn, the company reported Jan. 29.

U.S. trailer orders in December improved substantially from the previous month, and also improved over the prior-year level, according to ACT Research.

Shares of U.S. oil giants Exxon Mobil and Chevron are on track for their largest monthly gains in more than three years, boosted by rising energy prices and geopolitical tensions.

Parent company HayWay Group employs 900 staff in Europe and operates in 11 European countries, CEO Artur Lewandowski said in an interview with Transport Topics.

Earnings reports from some large U.S. manufacturers and transportation companies drove home how President Trump’s policies on trade and energy are putting a squeeze on the sector’s profits.

U.S. tariffs on commodities and the resulting uncertainty led to more than $550 million Canadian ($406 million) in forgone revenues last year at Canada’s two largest railroad operators.

Judge Alison Conlon ordered Jan. 28 that Cook County’s use of $243 million in transportation tax revenues during the 2023 fiscal year violated the state constitution's Safe Roads Amendment.

Pilot Travel Centers is teaming up with Tesla to build a series of charging stations catering to the Elon Musk-led manufacturer’s Class 8 battery-electric Semi tractor, mostly in Western states.

A California program that aimed to remotely measure the emissions output of heavy-duty vehicles traveling on state roads has been officially halted by the Environmental Protection Agency.

The Trump administration issued a general license expanding the ability of oil companies to operate in Venezuela, a significant step to ease sanctions under the new leadership in Caracas.

Robert Bosch GmbH doesn’t expect to see significant improvement in its key markets until next year, adding to cost pressures that already triggered a wave of job cuts.

President Trump announced that an agreement had been reached and urged both parties to vote for it, but lawmakers are almost certain to fail to enact the measure before the deadline.

Warsh, who served on the U.S. central bank’s Board of Governors from 2006 to 2011 and has previously advised Trump on economic policy, would succeed Jerome Powell when his term ends in May.

The ChatGPT maker has held discussions with Amazon, Nvidia and SoftBank Group for a new funding round, according to a person familiar with the matter. Details still could change.