Business

Drivers to pay more at the pump as fuel tax increases are set to take effect July 1 in California, Illinois, Indiana, Missouri and Virginia. 

C.H. Robinson Worldwide announced the appointment of Damon Lee as its new chief financial officer June 6.

Stonepeak-owned Textainer is in talks to acquire container leasing firm Seaco from an arm of failed Chinese conglomerate HNA Group, according to people with knowledge of the matter.

Volvo Car AB is recalling all of the almost 72,000 units it has made of its new flagship model — the fully electric EX30 — due to a software issue.

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.

INDIANAPOLIS — It’s not by chance that four award-winning truck drivers get home safely every night after spending a demanding day on the road. It’s by design, they said during a panel discussion.

NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.

WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.