Business

The Federal Motor Carrier Safety Administration has announced a proposal and request for comment on a new pilot program to allow drivers ages 18-20 to operate commercial motor vehicles in interstate commerce.

Kentucky officials recently announced funding will be directed to industrial access road infrastructure projects to promote economic development and the movement of freight.

Truckload carrier U.S. Xpress Enterprises Inc. announced the appointment of Matt Herndon to president of dedicated services.

Wall Street’s euphoria took a break Sept. 3, as steep losses in technology stocks dragged the rest of the market down with them.

Mullen Group has acquired the remaining shares of Pacific Coast Express Ltd., the company announced Sept. 1.

U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.

North American Class 8 orders in August reached replacement levels as fleets found the freight market growing stronger despite the many uncertainties in society at large, ACT Research reported.

Tesla Inc. shares are now officially in correction territory, in a week that saw the electric-vehicle maker announce a share sale that could dilute its value and a top holder say it would cut its stake nearly in half.

More than six months into the COVID-19 pandemic the trucking industry’s health is stronger than the U.S. economy, as segments used in final-mile delivery, e-commerce, and deliveries to grocery stores and hospitals thrive.

FedEx Corp. plans to hire about 70,000 seasonal workers to handle the holiday surge of packages, a 27% increase from last year’s peak, in what is expected to be an unprecedented level of delivery demand.