Business

The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.

DETROIT — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a GM factory near Lansing, Mich.

Several dozen executives from the moving and storage sector recently spent a day in the halls of Congress to discuss key issues with about 60 lawmakers or their staffs.

BERLIN — Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.

Used Class 8 truck sales rose 4.65% in August to 22,500 from 21,500, the first year-over-year increase since November, according to the latest data from ACT Research.

Truckload carrier Heartland Express has deployed Isaac Instruments’ in-cab telematics system across its fleet, the companies said in a joint announcement.

The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a 30% pay raise, according to people familiar with the matter.

Mack Trucks and Kriete Truck Centers discussed the encouraging signs they’re hearing from customers about the upcoming rollout of Mack's first medium-duty electric truck.

The freight unit of Uber Technologies has tapped its vast data files to create an AI tool that can predict late shipments — and make suggestions for alternative routes.