Business

Preliminary October North American Class 8 net orders significantly surpassed expectations, rising to 36,200 units, ACT Research Co. reported.

The Department of Labor is taking steps that would meet the objectives of a presidential executive order and encourage motor carriers and other trucking organizations to create apprenticeships for new employees to receive federal funding while they train to become drivers or maintenance technicians.

FedEx expects to deliver 380-400 million packages this holiday season with three busy Mondays driving a record-breaking pace.

Federal and state lawmakers from Maryland expressed frustration at a decision from CSX Corp. to withdraw its support to fund the renovation of the Howard Street Tunnel near the Port of Baltimore, dealing another blow to the long-awaited project that would allow double-stack trains.

Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.

The share of U.S. small companies with open positions in October matched the second-highest on record and more businesses said they plan to boost compensation, signs that a tight labor market could soon translate into bigger pay raises.

The bounce back in the intermodal sector continues as volume jumped 6.3% in the third quarter — the highest growth rate in more than three years, according to the Intermodal Association of North America.

As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home.

LG Electronics said it will work with Qualcomm to jointly research and develop autonomous driving technologies