Business

UD Trucks, a Japanese subsidiary of Swedish truck maker Volvo AB, plans to introduce electric and autonomous trucks within the next two years, joining global rivals in developing driverless technologies to ease a labor shortage.

The global growth outlook faces rising threats from trade tensions and mounting debt despite a strengthening and “increasingly broad-based” expansion at the moment, according to a statement from world finance ministers and central bankers.

Lineage Logistics recently began the expansion of its Sunnyvale, Texas, warehousing and distribution center, adding 94,000 square feet to the existing 311,885-square-foot facility.

Western Star, a unit of Daimler Trucks North America, announced an association rebate program for members of the Women’s Trucking Federation of Canada when they purchase a new Western Star 4700, 4900 or 5700XE model truck or tractor.

Cummins Inc. announced its X12 engine will be available in Autocar’s ACX model beginning in the fourth quarter.

Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.

Kansas City Southern reported first-quarter net income of $145 million, or $1.40 a share, on revenue of $639 million, a 5% rise from the prior year. In the first quarter of 2017, the railroad reported net income of $147 million, or $1.38 per share.

Members of Congress on both sides of the aisle have written three letters to Environmental Protection Agency Administrator Scott Pruitt asking him to reconsider his proposal to repeal an Obama administration regulation that would limit the number of glider kits manufactured each year.

Winning South Carolina’s truck driving championships for the fifth time last weekend feels, well, very satisfying, Ronnie Luckadoo of UPS Freight told Transport Topics.