Business

When Daniel Patterson left his home to compete in Arkansas’ truck safety contest this month, his goal was pretty big. He wanted to win his class.

A dip in demand, shortages of vocational trucks and higher prices for the average Class 8 truck marked the used truck market in June, experts said.

A group of Chinese startups is accelerating efforts to get autonomous vehicles onto roads in the world’s biggest auto market, a country its American peers from Alphabet Inc.’s Waymo to General Motors Co.’s Cruise may find tough to crack.

Dana Inc. reported higher second-quarter revenue and net income as it underscored its growth opportunities as an e-propulsion design, engineering and manufacturing systems supplier.

The growth of Amazon.com and e-commerce in general is bolstering the fortunes of Rockford, Ill.’s Chicago Rockford International Airport (RFD) and two air cargo carriers that use the airport, elevating the profile of a facility that must compete for air traffic with the Windy City’s dominant O’Hare International Airport.

Norfolk Southern Corp. on July 25 reported record second-quarter earnings.

Despite some potential clouds on the horizon from higher tariffs, optimism about the overall economy founded on strong numbers in housing, construction and growth in e-commerce are boosting sales of medium-duty trucks and pushing the sector out of decadelong doldrums.

UPS Inc. reported solid second-quarter growth in revenue and profits despite charges taken for its voluntary retirement plan and efforts to upgrade the firm.

President Donald Trump lit into critics of his tariffs, saying discord — some from Republicans in Congress — undercuts his ability to narrow the U.S. trade gaps with other countries.

NASHVILLE, Tenn. — The U.S. trucking industry is enjoying its best business environment since deregulation in 1980, and the good times will continue in the near term unless trade disputes hinder economic growth, American Trucking Associations Chief Economist Bob Costello said.