Business

U.S. retail sales of medium-duty trucks overall dropped nearly 20% in March as only Class 7 posted a gain compared with a year earlier, WardsAuto .com reported.

WASHINGTON — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.

Amazon.com was handed a French ban on sales of nonessential items after losing the first round of a court fight with labor unions that said the company wasn’t doing enough to protect staff from the COVID-19 pandemic.

BEIJING — Renault SA said April 14 it will shut down its main China business and focus on electric and commercial vehicles.

Industry supplier Stemco has discontinued production of its TrailerTail product, which helped pioneer improved aerodynamics at the rear of the trailer.

The Federal Motor Carrier Safety Administration has expanded its COVID-19 emergency declaration to allow examiners to conduct commercial driver license skills tests without being physically in the truck, using such technologies as in-cab cameras, online testing and cellphones.

Additional funding for the Army Corps of Engineers to pursue port maintenance projects was approved in the $2.2 trillion economic stimulus package that recently was signed into law.

The Transportation Security Administration has granted a temporary exemption for the expiration of Transportation Worker Identification Credentials through July 31 for cards that expired after March 1.

People who go to a Goodyear Auto Service store for such things as an oil change or new tires have a new “zero contact” option that limits face-to-face interactions during the COVID-19 coronavirus outbreak.

The U.S. Energy Department is negotiating with nine companies to rent about 23 million barrels of oil storage capacity in its Strategic Petroleum Reserve as part of a Trump administration bid to help drain the country’s growing glut of crude.