Business

Losses at truck maker Nikola more than halved year on year in the third quarter as a result of record sales, cost cutting and the absence of expenses incurred in the year-ago period.

Dock employers in British Columbia said they will lock out workers Nov. 4 in response to a union’s strike notice, halting trade at terminals across Canada’s busiest and third-busiest ports.

The shift reflects how a key Canadian resource sector has declined due to U.S. duties and other challenges, including wildfires, land-use regulation and insect infestations.

Allison Transmission’s profit in the third quarter jumped 26.6% on the back of demand for Class 8 vocational trucks in North America, with executives saying it shows no sign of slowing down.

FMCSA gave New Jersey a $2 million federal roadway safety grant to pay for new state motor vehicle mobile units to bring commercial driver license tests to rural areas.

Escalating tensions in the Middle East and U.S. relations with China pose the greatest concerns for Big Oil, according to some of the industry’s top executives.

DETROIT — NHTSA has ended a 2½-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles.

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

Saudi Arabia and allied oil producing countries said Nov. 3 they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month.

C.H. Robinson Worldwide has developed artificial intelligence that automates every step along a freight shipment life cycle that uses email, the company announced Oct. 31.