Business

An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.

VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

U.S. retail sales for medium-duty trucks grew 10.9% in July compared with the year-ago period, according to data from Wards Intelligence.

Images from the 2023 National Truck Driving & Step Van Driving Championships in Columbus, Ohio, Aug. 16-19, 2023, at the Greater Columbus Convention Center.

Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.

It came as a surprise at the ports of Los Angeles and Long Beach  when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.

Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.

ATLANTA — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

For Ceth Christensen, camaraderie and building a congenial bond is the essence of the National Truck Driving Championships and National Step Van Driving Championships.