Business

Navistar’s president and CEO told a Senate panel last week that autonomous vehicle technology likely won’t eliminate the need for truck drivers, but drivers may need to gain new skills as they’re asked to manage several trucks at once.

Ending a 27-year arrangement with heavy-duty supplier Meritor Inc., Wabco Holdings Inc. signed an agreement to buy out Meritor’s interest in the Meritor Wabco joint venture that offers advanced safety braking technology and air brake systems for commercial vehicles in North America.

The country’s top transportation official will update trucking executives about the Trump administration’s policies and objectives at the Management Conference & Exhibition hosted by American Trucking Associations next month in Orlando, Fla.

CENTREVILLE, Va. — Lawmakers gave and listened to earnest speeches on vehicle automation last week, and the nation’s transportation secretary held forth on the subject at a university, but 28 miles west of Capitol Hill the engineers took over and showed what platooning technology for trucks can do today.

U.S. consumer sentiment dipped in September as Americans expressed concern about the economic and inflationary impact of Hurricanes Harvey and Irma, University of Michigan survey data showed Sept. 15.

U.S. retail sales of Class 8 trucks rose to the second-highest total of the year, eclipsing 17,000, as they begin to mimic the earlier strengthening of orders and production, and small- and medium-size fleets increasingly see new trucks as crucial to driver retention, experts said.

An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships, Commerce Department figures showed Sept. 15.

Daimler Trucks is trying to gain a foothold in the nascent electric-truck market with short-range haulers that can make New York City’s clogged streets cleaner and quieter.

Truck drivers have a message for America: While we appreciate the outpouring of thanks during National Truck Driver Appreciation Week, what we really want is respect on the highways, at the loading docks and in the office for the job we do.

Oil topped $50 a barrel for the first time and closed at a six-week high amid heightened optimism that a demand resurgence is in the offing.