Transportation, Mobility & Logistics

MAUMEE, Ohio – October 29, 2026 -- Dana Incorporated (NYSE: DAN) raised third-quarter adjusted EBITDA by $56 million to $218 million, lifting its margin 220 basis points to 10.7 percent. The supplier also announced an additional $100 million of share repurchases for the fourth quarter of 2026.

Sales rise $121 million on commercial vehicle demand

Third-quarter sales reached $2.04 billion, compared with $1.92 billion a year earlier. Dana attributed the increase mainly to stronger commercial vehicle demand, backlog conversion, and commercial and cost-recovery actions.

Adjusted EBITDA compares with $162 million and an 8.5 percent margin in the prior-year quarter. Cost savings, operational efficiency gains, and commercial initiatives drove the improvement. Dana has booked $60 million in cost savings year to date.

Berlin – October 29, 2026 -- Fifty-one percent of automotive executives expect software and digital technologies to become their company's most important competitive differentiator by 2035, according to the 26th KPMG Global Automotive Executive Survey. The study polled 775 executives worldwide.

Execution lags ambition. Only 36% of AI and software initiatives have been scaled beyond the pilot phase on average, and 92% of companies need at least twelve months to roll out a new AI, digital or software solution enterprise-wide. More than one-third need over two years.

China expected to dominate the global top 10 by 2035

Forty-eight percent of respondents expect six of the world's ten largest automakers to be headquartered in China by 2035. KPMG's analysis cites China's growing capabilities in electrification, software and digital innovation.

Portage, Indiana – October 29, 2026 -- Ports of Indiana-Burns Harbor has been awarded $11.2 million through the U.S. Department of Transportation's Maritime Administration (MARAD) Port Infrastructure Development Program (PIDP) to modernize cargo handling and prepare for future international container service.

Burns Harbor award is part of a $498 million PIDP round covering 35 projects

U.S. Transportation Secretary Sean P. Duffy announced the $498 million round, which funds 35 port projects across 19 states. The Burns Harbor grant is one of those awards.

Ports of Indiana contributes $2.8 million to a $14 million equipment project

The Burns Harbor Container Handling Modernization Project totals $14 million. Ports of Indiana is providing a $2.8 million match, and the federal grant covers the rest.

SAN JOSE – October 29, 2026 -- Tensor Auto Inc. and Münchner Taxi Zentrum (MTZ), Munich's largest taxi operator, have signed a letter of intent to deploy up to 500 Tensor Robocars as autonomous taxis in German cities, with a further 10,000 vehicles targeted across Europe.

The initial fleet depends on definitive agreements and Level 4 regulatory approval in Germany. MTZ will operate the vehicles under its own brand.

Operators keep the customer and data while Tensor sells the vehicle and a subscription

Tensor sells the Robocar and charges a recurring fee for Autonomous Driving as a Service (ADaaS). The subscription covers autonomous driving software, fleet-management tools, ongoing service and training. MTZ, not Tensor, operates the vehicles, and the Robocar integrates with MTZ's existing dispatch systems, so riders book as they do today.

Chicago – October 29, 2026 -- Crash Champions raised $300,000 in September to seed Champion It Forward, a new independent 501(c)(3) nonprofit aimed at a collision repair labor shortage in which more than 55% of auto body repair technician roles are unfilled.

Industry data puts collision repair demand at nearly 100,000 technicians over five years

The workforce gap is the organization's founding premise. According to the latest industry data cited by the group, the sector needs nearly 100,000 technicians over the next five years. Champion It Forward plans to widen career pathways, expand mentorship and provide financial support for aspiring technicians.

New York – October 29, 2026 -- Timeshifter, maker of the most-downloaded jet lag app, has released a free report arguing that popular jet lag advice and in-flight amenities fail to address the problem and can make it worse, leaving airlines an untapped loyalty lever on long-haul routes.

The report, titled The Arrival Advantage, states that jet lag is a circadian misalignment between the brain's internal 24-hour clock and the local time zone, not a sleep problem. Insomnia and daytime sleepiness are symptoms, Timeshifter says, which is why many products treat it incorrectly. The company names individually timed light exposure and light avoidance as the only science-based fix.

United States – October 29, 2026 -- SupplyOne cut the average pack size by more than 20% for a nationwide distributor of new OEM automotive parts, lowering the customer's dimensional-weight shipping costs.

Manual RSC box assembly could not keep pace with order growth

The distributor runs strategically located distribution centers and more than 250 retail locations. As order volume grew, it needed to move beyond manually assembled RSC boxes. The new process had to support both retail distribution and online fulfillment.

Rightsized carton equipment forms trays at each packing station

SupplyOne built the program around speed, consistency, branding and freight efficiency. Its automated pack-out equipment forms right-sized trays automatically at each packing station, which reduces manual box setup.

SupplyOne also developed large and small corrugated trays with custom printed lids. Online orders carry their own branded graphics.

Hamilton – October 29, 2026 -- Flex LNG Ltd. reported second-quarter 2026 vessel operating revenues of $106.8 million, up from $80.5 million in the first quarter, and net income of $44.9 million, compared with $19.5 million in the prior quarter.

Basic earnings per share reached $0.83 (Q1: $0.36). Adjusted EBITDA rose to $79.0 million from $53.2 million, while adjusted net income climbed to $42.5 million from $16.9 million. Adjusted basic EPS came in at $0.79 versus $0.31, an increase of 155%.

Spot exposure on two vessels lifts average TCE to $86,119 per day

The average Time Charter Equivalent rate rose to $86,119 per day from $65,729 in the first quarter. Revenue excluding EU Allowances was $102.7 million, the company's highest quarterly revenue since the fourth quarter of 2021.

Nashville – October 29, 2026 -- TransCore has launched open-road all-electronic tolling (AET) at the New Hope-Lambertville Toll Bridge (U.S. Route 202), the first of the Delaware River Joint Toll Bridge Commission's (DRJTBC) seven legacy toll bridges to complete the conversion.

Toll plaza infrastructure is eliminated at the crossing

The system replaces cashless tolling run through existing toll plaza infrastructure with full open-road AET. Motorists now pass through the crossing without stopping. TransCore says this improves roadway safety and cuts long-term maintenance requirements.

Hong Kong – October 29, 2026 -- Windward has tied 45 Russia-trading shadow fleet tankers, held through 45 single-ship Hong Kong companies, to one untraceable nominee director, and 42 of the vessels are sanctioned.

Per Windward's visual link analysis, all but three of the tankers share 19 ISM managers with addresses in one industrial cluster in Sumqayit, Azerbaijan. The three exceptions are the unsanctioned vessels, which use ISM managers in the UAE.

Aging fleet runs under two flags

The group comprises six Suezmaxes, 33 Aframaxes and six medium-range product tankers, with an average age of 22 years. Thirty-four fly the Sierra Leone flag and nine fly the Equatorial Guinea flag.