Business

Oil prices recently tumbled as a resurgence in coronavirus cases and impending U.S. layoffs darken the economic outlook.

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

The trailer industry was forced to make further production cuts and alter manufacturing processes as the coronavirus pandemic took hold.

The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.

J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels.

Researchers have developed a promising yet surprisingly simple modification to diesel engines that could hold the key to reducing the complexity, maintenance, and size and weight of emission aftertreatment systems.

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded.

A growing number of transportation and logistics providers are cutting costs and going green with energy-efficient truck terminals and warehouses.

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

The pandemic is accelerating the transition to virtual learning for truck technicians, and the industry might never turn back.