Business

The U.S. Department of Energy announced it is devoting $59 million to 43 projects that will explore advanced vehicle technology research.

A downward trend in trailer orders this year is accompanying the softening freight environment in 2019, but also follows a banner year when motor carriers stocked up on equipment they think they’ll need to navigate the next several years, fleet and manufacturing executives said.

Federal trucking regulators have approved grocery giant Transco Inc.’s request for a five-year exemption from the 30-minute hours-of-service rest break provision for the company’s more than 3,500 commercial motor vehicle drivers.

U.S. consumer confidence declined in August by less than forecast as Americans’ assessment of current conditions climbed to the highest level in almost 19 years, helped by a job market that remains robust.

America’s dairy farmers, already struggling with falling milk consumption and low prices, are missing out on a rare demand boom thanks to Donald Trump’s trade war with China.

Oil rose after four days of losses as President Donald Trump gave mixed signals on resolving the U.S.-China trade dispute.

Heartland Express Inc. has acquired dry van truckload carrier Millis Transfer Inc. and related entities for about $150 million, citing the quality of the company’s drivers and its safety profile, among other factors.

The U.S. average retail price of diesel dropped 1.1 cents to $2.983 per gallon, the Department of Energy reported Aug. 26, and the price of crude dropped to a two-week low amid the persistent tariff-related faceoff between the United States and China.

Dana Inc. announced it completed the acquisition of Nordresa Motors Inc., which designs and integrates electric systems for commercial vehicles.