Business

U.S. business activity continued to expand at a solid clip in September, outpacing a stagnant Europe and capping a vigorous third-quarter rebound for the economy.

Mack is emphasizing its Class 8 experience with various applications as full production is underway for two new medium-duty models designed for various segments in that highly competitive market.

TuSimple, a developer of autonomous-driving technology for trucking, and Traton Group, Volkswagen AG’s heavy-truck unit, announced a partnership to develop SAE Level 4 self-driving trucks, calling it a first in Europe. Traton also took a minority stake in TuSimple.

Uber, Lyft and other app-based companies are in danger of coming up short with voters on a ballot measure that would allow them to again classify their workers as independent contractors, a new statewide poll shows.

Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.

Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.

Nine more people have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.

The Port of Los Angeles, the nation’s busiest seaport, hit an all-time record in August, processing 12% more volume that totaled 961,833 20-foot-equivalent units (TEUs).

A sector within the transportation community is asking the leadership on Capitol Hill to suspend a tax on the purchase of new trucks as part of a pandemic-related economic aid measure.

Hertz Global Holdings Inc. is negotiating with its creditors for a loan to bolster operations after months of funding itself during bankruptcy, according to people with knowledge of the talks.