Business

The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.

The U.S. trucker shortage swelled by more than 10,000 to 60,800 in 2018 from a year earlier and is expected to more than double to 160,000 over the next decade, according to new numbers released by American Trucking Associations.

Daimler AG outlined a series of moves to return to profitability after posting a net loss in the second quarter, particularly at its largest division, Mercedes-Benz cars.

With a freight recession underway, industry experts said creditors are applying tighter standards to many trucking firms, or any firm with a troubled history.

A federal judge has ruled that Fitzgerald Truck Parts and Sales can proceed with its lawsuit disputing an IRS claim that the glider truck maker owes more than $64 million in back tractor-trailer federal excise taxes, penalties and interest.

WASHINGTON — A new disaster mitigation program enacted into law last year received a resounding endorsement from a Federal Emergency Management Agency official addressing executives at the U.S. Chamber of Commerce on July 23.

UPS Inc. is joining the seven-day-a-week delivery business, announcing July 23 that beginning Jan. 1, 2020, the Atlanta-based shipping giant will add Sunday nationwide ground service.

The U.S. Department of Labor has clarified that the time drivers spend in sleeper berths does not count as compensable time, unless they are actually performing work or are on call.

Scenes from the Arkansas Truck Driving Championships held July 11-13 in Rogers. (Arkansas Trucking Association)