Transportation, Mobility & Logistics

Sioux Falls – November 04, 2026 -- Carsforsale.com converted 7.0% of dealership leads into vehicle sales, the highest close rate among 12 automotive lead providers in an AutoRaptor study of more than 900,000 leads.

AutoRaptor study ranks Carsforsale.com first across 316 independent dealerships

The study, published October 23, covered leads generated between August 2025 and July 2026. It counted a lead as converted if it led to a vehicle purchase within 90 days. The study average was 4.5%.

Carsforsale.com says its rate is nearly 3x that of CarGurus and more than 2x that of Autotrader. It also says the rate is more than double that of every major competitor evaluated.

Carsforsale.com prices plans from $99 per month

The company is pairing the result with a low entry price. Service starts at $99 per month, and it markets the offer as performance without a premium cost.

MUNCIE, Ind. – November 04, 2026 -- Astemo plans to invest more than $11 million in its Muncie manufacturing operations, adding injection molding capacity and a new assembly line for intake manifolds serving both internal combustion engine (ICE) and hybrid electric vehicle (HEV) applications.

New assembly line is scheduled to start production in March 2027

The line is expected to create up to nine new jobs within the next three years. The program covers additional injection molding capacity alongside the assembly line, and the manifolds will serve both ICE and HEV platforms.

Muncie City Council approves five-year tax abatement for the program

Alejandro Navarro Lopez, Astemo Americas Vice President of Operations, said the council recently approved the five-year abatement. He credited the Economic Development Alliance and the Muncie community for their support.

Shanghai – November 04, 2026 -- The 30th China (Shanghai) International Boat Show and Shanghai International Workboat Show (CIBS2027) has opened buyer pre-registration for March 28-30, 2027, at the Shanghai World Expo Exhibition & Convention Center, as Beijing's new national plans bring yacht consumption into official policy.

State Council plans write yacht consumption into national strategy

In 2026, the State Council approved the 15th Five-Year Plan for Expanding Consumption and the 15th Five-Year Plan for Tourism Powerhouse Construction. The plans call for developing cruise and yacht tourism, building public yacht marinas and expanding pilot programs for yacht consumption. Organizer Shanghai Sinoexpo Informa Markets International Exhibition Co., Ltd. describes CIBS as Asia's longest-running comprehensive boat event.

LAS VEGAS – November 04, 2026 -- CARKU has raised peak current on its flagship JS-588 jump starter from 1800A to 3000A and is showing a sodium-ion model rated for temperatures down to -40°F at SEMA 2026. Both products are ready for mass production, the company said.

JS-588 jump starter lifts peak current to 3000A for large engines

The JS-588 succeeds the JS-506, a SEMA Global Media Award winner. CARKU says the 3000A rating can start gasoline engines up to 8.0L and diesel engines up to 6.0L, even from fully dead batteries.

The unit combines jump starting, high-pressure tire inflation, real-time digital pressure monitoring and multi-mode LED lighting. It also carries a 74Wh battery with 45W USB-C PD output, an upgraded USB-C1 input of up to 9V/2A and a 1.4kg body with an integrated carry lanyard.

New Haven – November 04, 2026 -- Avelo Airlines has flown more than 5.2 million customers through Tweed-New Haven Airport (HVN) on more than 40,000 flights since its first Connecticut departure on Nov. 3, 2021, and now serves 29 nonstop destinations from the airport, the most of any carrier in the state.

Connecticut operation accounts for over 40% of Avelo's fleet

Avelo has dedicated seven aircraft to Connecticut flying, more than 40% of its fleet. The airline's fleet totals 17 Boeing Next-Generation 737s. Its Connecticut workforce has grown to nearly 350 crewmembers, a third of the airline's headcount. Five of them have been with the carrier since the first HVN flight.

Founder and CEO Andrew Levy said the carrier "took a chance" on the airport five years ago and that Connecticut travelers have answered.

LONDON – November 04, 2026 -- ECARX Holdings (Nasdaq: ECX) posted a third-quarter net loss of US$48.6 million, up from US$8.4 million a year earlier, as higher memory costs cut gross margin to 7.0% from 21.9% despite a 10% rise in revenue to US$240.8 million.

Memory costs outpace pricing and gross profit falls 65%

Gross profit dropped 65% year-over-year to US$16.9 million. Total cost of revenue rose 30% to US$223.9 million, driven mainly by memory costs tied to goods sales. ECARX said cost escalation exceeded what its pricing could offset, so a larger share was absorbed internally to support volume growth and partnership commitments.

Sales of goods revenue climbed 23% to US$222.7 million on pricing adjustments and higher volume. Service revenue fell 53% to US$17.7 million as partner model launches, which peaked in the second quarter of 2026, slowed sharply in the third. Software license revenue fell 56% to US$0.4 million.

Las Vegas – November 04, 2026 -- Allegiant Travel Company (NASDAQ: ALGT) generated third-quarter 2026 operating revenue of $961.6M and an adjusted operating margin of 3.1%, up 3.4 percentage points year over year on a pro forma basis, even as fuel cost per gallon rose 55.5%. The carrier posted a GAAP loss of $0.56 per share and an adjusted diluted loss of $0.03 per share.

Pro forma unit revenue rises 28.3% on 5.7% less capacity

Record third-quarter TRASM reached 14.18 cents, up 28.3% year over year, while pro forma capacity fell 5.7%. Management cut capacity to protect margins in a high-fuel environment. Adjusted operating income totaled $29.8M, and adjusted EBITDA reached $110.9M, an 11.5% margin and 1.6 points better than the prior year on a pro forma basis. Adjusted loss before income taxes was $1.7M.

Los Angeles – November 04, 2026 -- GOFO, a U.S. last-mile delivery carrier, has integrated with Shopify as a tracking partner, placing its delivery data inside Shopify merchant orders and natively in the consumer-facing Shop app.

Merchants see GOFO shipment progress next to order data in Shopify

For Shopify merchants using GOFO, shipment progress and delivery updates appear within Shopify alongside order information. Operations and customer service teams get a clearer view once an order moves into delivery, which can support faster responses to order-status inquiries.

Shop app users can follow GOFO deliveries through to final delivery

GOFO tracking data is natively integrated into the Shop app, extending visibility from the merchant side into the shopper's post-purchase journey. Consumers receiving GOFO-delivered orders can view delivery progress within Shop, from purchase confirmation through final delivery.

SAN DIEGO – November 04, 2026 -- Mitchell, an Enlyte company, plans to connect Tractable's LumaScanner automated inspection system with its Mitchell Intelligent Estimating platform under a proposed exclusive agreement, aiming to generate preliminary collision estimates in minutes.

Mitchell targets North American MSOs and independent repairers with the integration

The companies intend to help North American multi-site operators (MSOs) and independent collision repair centers accelerate damage assessment and preliminary estimate creation. The agreement is still proposed, and the integration is described as planned.

MILAN – November 04, 2026 -- Ampace reports that its battery-swapping packs in Africa have completed 17 million swaps over 2.5 years of commercial operation, averaging more than 1,000 cycles per pack under heavy, high-frequency use. The lithium battery supplier is presenting the figures at EICMA Milan alongside off-road cell technology for the European and global two-wheeler market.

Ampace's swapping network runs commercially across four regions

Ampace says its swapping network has scaled commercially in China, Southeast Asia, South America and Africa, while most competitors remain in pilot phases. Batteries are customized for local climate, road conditions and operating intensity. They serve high-frequency riders in Africa's heat and dust and on Latin America's bumpy roads.