Business

General Motors Co. is looking like a port in the storm as new trucks and cost-cutting efforts pad profit in the midst of slowing industry sales.

U.S. manufacturing activity deteriorated in July to an almost three-year low, dragged down by slower production and shaky export markets that help explain the Federal Reserve’s decision to reduce interest rates July 31.

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

Royal Dutch Shell Plc got caught into the same earnings trap as many of its peers, reporting second-quarter earnings that fell well short of expectations as the slowing global economy hit everything from natural gas to chemicals.

TC Energy Corp.’s $8 billion Keystone XL crude oil pipeline is inching forward after a court injunction that stopped work on the project was been lifted.

Filings for U.S. unemployment benefits edged up while remaining at historically low levels, another indication that the labor market remains generally robust.

Allison Transmission Holdings, the largest global provider of commercial fully-automatic transmissions, reported net income for the second quarter was up 4% to $181 million, compared with $174 million for the same period in 2018, according to a July 31 earnings release.

A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.

Whether you have one truck or one hundred, a fuel card can provide many benefits to your company. With so many fuel card options out there, it can be challenging to know how to choose the right one. When making your selection, you want to walk away knowing you’ve got the best card to meet the unique needs of your business.

Wabash National Corp. on July 31 reported net income of $30.96 million in the second quarter, down 2.9% from $31.9 million in the same period of 2018.