Business

The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.

Oil prices dipped as an unexpectedly high jump in U.S. crude supplies unnerved a market already worried about weakening global demand.

I.D. Systems Inc., a New Jersey-based tracking technology company, has acquired Pointer Telocation Ltd., an Israeli provider of telematics and mobile internet of things services, in a $140 million deal, the companies report.

The road to the National Truck Driving Championships is about to get underway as Louisiana kicks off the five-month season March 29.

The nation’s biggest ports are off to a mixed start compared with 2018’s record year, showing slower 20-foot-equivalent container volume as the economy gradually slows and with U.S.-China trade talks set to resume shortly.

Global freight forwarder MIQ Logistics will become part of Noatum Logistics, a unit of Noatum Maritime Services in Madrid, according to a definitive agreement announced March 21.

The American Transportation Research Institute’s recently unveiled list of research priorities for 2019 covers an array of topical issues, ranging from truck parking to tolls.

Daimler Trucks North America announced it has opened its proprietary Detroit Connect platform to third-party telematics service providers.

Groups representing the construction and business sectors are ramping up their calls for congressional action on an infrastructure measure this year.

UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.