The rapid plunge in oil prices could cut into sales of both tractors and liquid tank trailers as well as the trucks that haul fossil fuel extraction equipment, experts said.

The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.

Autonomous-driving technology company TuSimple is expanding its freight-hauling pilot program with UPS to 20 trips a week and adding another route.

Ford Motor Co. plans to manufacture an electric version of its popular Transit cargo van for the 2022 model year.

CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.

Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.

XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.

Old Dominion Freight Line Inc. reported a dip in fourth-quarter profits and revenue as it contended with what the motor carrier called a challenging operating environment.

Landstar System Inc. saw fourth quarter and 2019 earnings and revenue fall as the company dealt with sluggish trucking conditions and difficult comparisons with record 2018 financial results.

Knight-Swift Transportation Holdings Inc. saw earnings and revenue fall in the fourth quarter as it faced greater competition and an oversupply of truckload capacity in its key market.