Business

Hyzon Motors will pay a $25 million fine to the U.S. Securities and Exchange Commission after an investigation, the Class 8 hydrogen-powered truck manufacturer said.

AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.

WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.

Trimble is seeking to streamline industry workflows and forge closer connections among drivers, trucks, carriers, shippers and logistics providers.

Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.

New Jersey accused the U.S. Department of Transportation of stalling its lawsuit challenging federal approval of New York City’s controversial congestion-pricing plan.

High demand for truckers in North Carolina is behind Guilford Technical Community College’s plans to open a $4.35 million driver training facility funded by state and federal grants.

Increasing parking availability for the nation’s truck drivers remains high on the U.S. Department of Transportation’s agenda, Secretary Pete Buttigieg indicated recently.

The Pennsylvania Turnpike should have electric vehicle charging stations at every service plaza by January 2027, officials said.

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.