Business

WASHINGTON — U.S. workers saw their wages and benefits grow more slowly in the second quarter, a sign that a tight labor market has yet to accelerate income gains.

Uber Technologies Inc., a pioneer developer of autonomous trucks that helped the idea gain traction with the industry, announced it has halted its self-driving truck program. Instead, it will focus the technology on its fleet of passenger cars.

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

WASHINGTON — Consumer spending rose by a solid 0.4% in June, while a key gauge of inflation increased at an annual pace of 2.2% for a second straight month — the strongest back-to-back gains in six years.

Allison Transmission Holdings Inc. reported net income surged and record revenue in the second quarter on increased demand across all its end markets.

The U.S. average retail price of diesel crept up 0.6 cent to $3.226 a gallon while crude oil prices jumped higher as Middle East tensions continued.

Heavy-duty vehicle supplier Hyliion has acquired the battery division of Gentherm Inc., a move intended to consolidate control of its battery technology supply chain that underpins its 6X4HE hybrid-electric axle.

HOLLAND, Mich. — Facing a shortage of truck drivers, one west Michigan transportation company has taken matters into its own hands.

While some in the House were contemplating funding for the next major infrastructure upgrade, others in the Senate were discussing putting man on Mars. Here’s a look at the week ahead for trucking on Capitol Hill.

Dana Inc. announced it signed a definitive agreement to purchase the drive systems segment of the Oerlikon Group, a Swiss manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles and products, control and software that support vehicle electrification across the mobility industry.