Business

A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments.

Nomura Instinet analyst Romit Shah downgraded Tesla to neutral from buy in a note titled “No Longer Investable.” The note to clients starts by pointing out that previously he’s been one of the biggest bulls on the Street since initiating coverage last October.

Drivers for Southern Glazer’s Wine & Spirits will be treated to a slew of festivities and prizes this week.

SACRAMENTO, Calif. — California has set a goal of phasing out electricity produced by fossil fuels by 2045 under legislation signed Sept. 10 by Gov. Jerry Brown.

Bendix has taken National Truck Driver Appreciation Week as a reminder that even as technologies evolve, drivers continue to be crucial.

Direct ChassisLink Inc. has planned a variety of activities at its field offices throughout this week, including distributing meals, snacks and thank-you gifts.

Economists say the country is close to full employment, but pay gains for American workers have been flat since 2015. Even last week’s upward blip in wage growth could be wiped out by inflation. Yet Americans haven’t been this optimistic about future pay raises since the century began, according to the Conference Board’s monthly surveys.

Trucking Moves America Forward has launched an advertising and digital campaign to thank professional drivers and educate the public about their importance.

The U.S. average retail price of diesel inched up 0.6 cent to $3.258 a gallon, while crude oil prices fell amid questions over supplies in light of looming sanctions against Iran.

After many years of stagnant pay, truck driver compensation is rising substantially. But is it making a difference in your life or your business? We want to hear from you.