Business

In about 20 years, the growing use of electric vehicles could take a quarter-billion-dollar-a-year hit on a state fund relied upon to finance better roads, the Iowa Department of Transportation said Jan. 29.

GRAPEVINE, Texas — Goodyear Tire and Rubber Co. said its recently introduced steer tire addresses concerns fleets expressed with an earlier model designed for the same application.

Self-driving truck startup Embark has issued a voluntary report on the performance of its automated trucks, providing a more detailed look at its testing process and the current capabilities of its technology.

Freight broker and produce distributor C.H. Robinson Worldwide turned in better-than-expected financial results in the fourth quarter of 2018, posting strong gains in revenue and higher profits across nearly all of its business lines, easing concern from some investors about a deceleration in freight shipments in the year ahead.

WASHINGTON — When policymakers craft their next transportation reauthorization bill, they should consider every available tool that would result in long-term funding for infrastructure projects, President Donald Trump’s nominee to lead the Federal Highway Administration told a Senate panel Jan. 29.

LAS VEGAS — Fleet executives are standardizing parts ordering and maintenance procedures as they deal with truck equipment that is increasingly complex and costly.

Paccar Inc. reported record revenue in the fourth quarter and, excluding one-time benefits, higher net income. Annual revenue and net income set records, too, as it delivered 189,100 vehicles worldwide in 2018.

LAS VEGAS — Truck makers are wrestling with how to invest in automation, electrification and traditional powertrains — all at once. Additionally, more trailers will use telematics to relay diagnostic information and secure parts while new relationships will form between suppliers and technology startups, according to experts at the Heavy Duty Aftermarket Dialogue.