Business

The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio.

Five individuals accused of participating in a two-year conspiracy to stage accidents with tractor-trailers in the New Orleans area have pleaded guilty to federal wire fraud charges.

Six months after being named interim CEO of Addison, Texas-based Daseke Inc., Chris Easter was named the flatbed carrier’s permanent CEO on Feb. 7.

The price of diesel fuel declined 4.6 cents a gallon nationally Feb. 10, according to the U.S. Energy Information Administration, dipping to $2.91 a gallon from $2.956 the previous week.

Uber Technologies Inc. failed to persuade a judge to shield its drivers from California’s gig-worker protection law while the company challenges the landmark measure in court.

Programs managed by federal trucking regulators would see a funding boost under a fiscal 2021 budget request the Trump White House sent to Congress on Feb. 10.

The Kansas Turnpike Authority is continuing the process of elevating bridges that pass over the turnpike to improve clearance for large freight vehicles.

Hub Group reported a fourth quarter close to expectations that paled in comparison with the record-breaking results in 2018.

President Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits untouched.

Volvo Cars owner Li Shufu set out to combine the Swedish carmaker he bought in 2010 with his Hong Kong-listed automobile unit to create a company with the scale to compete in a rapidly consolidating global market.