Business

OPEC, Russia and other oil-producing nations on April 12 finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said.

Carrier Transicold announced that its newest solar charging system fits on top of the transport refrigeration unit and delivers more power — faster.

Motor carriers consider many factors — and come to different conclusions — as they evaluate wide-base tires versus standard duals for their tractors and trailers.

Sears Seating, Dana Inc. and Cummins Inc. — three of the oldest companies in the nation that typically supply the trucking industry — separately announced they are repurposing their efforts to create products and provide material for medical personnel battling the novel coronavirus.

Freight railroads are among the transportation operations tasked with enhancing security training for certain employees as part of a recent mandate by the Transportation Security Administration.

Dana Inc. appointed Ryan Laskey to lead the company’s commercial vehicle drive and motion systems business.

The Indiana Department of Transportation launched a temporary permit program to allow licensed food trucks to operate at highway rest areas in order to serve commercial motor vehicle drivers who are hauling supplies during the coronavirus pandemic.

Mexico says it has reached an agreement with the United States that will allow it to agree to a deal on production cuts with OPEC, Russia and other countries.

Wall Street closed out its best week in 45 years on April 9 after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.