Business

Navistar has several big ticket items planned in 2018, including a redesign of all of its trucks, a new labor contract in Springfield, Ohio and production starting on a new GM truck.

Home prices in 20 U.S. cities increased in November by the most in more than three years, underscoring a lingering scarcity of housing inventory, according to S&P CoreLogic Case-Shiller data released Jan. 30.

Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and strong aftermarket parts sales.

In his first State of the Union address, President Donald Trump called on the Republican-led Congress to prepare a $1.5 trillion infrastructure bill that would be anchored by a robust reliance on private sector investments.

U.S. consumer confidence was stronger than expected in January and hovering near a 17-year high as households grew somewhat more upbeat about employment and the economy, according to figures out Jan. 30 from the Conference Board in New York.

At some point this year, Alphabet Inc.’s Waymo plans to roll out a ride-hailing service using driverless cars. It just bought more vehicles to make that happen.

The future of driverless driving looks like a giant toaster with a funny hat.

Covenant Transportation Group reported higher profits from its dry van and refrigerated truckload operations in the final quarter of 2017, but earnings for the full year declined as the company was unable to supply enough trucks to take full advantage of increased demand for freight shipping during the peak holiday season.

Werner Enterprises reported fourth-quarter net income of $30.6 million Jan. 29, or earnings per diluted share of 42 cents, beating expectations of analysts surveyed by Bloomberg of $27.8 million and 39 cents per share. Earnings per share in the year-ago quarter was 30 cents.

The U.S. average retail price of diesel popped 4.5 cents to $3.070 as oil increased to more than $65 a barrel.