Business

Paccar's Peterbilt Motors Co. and Kenworth Truck Co. have become the first truck OEMs to announce they will have an exhibit at the 2017 Mid-America Trucking Show, a decision that is in contrast to the move by several rivals to display their trucks at a new show in Atlanta.

NORFOLK, Va. — Container volume at the Port of Virginia last month edged up 2% from its record-breaking gain in the same month a year ago.

J.B. Hunt Transport Services Inc., the first trucking company to report third-quarter earnings, said net income declined 5% to $109.4 million, or 97 cents, dragged down by weaker profit margins in all of its businesses except dedicated trucking.

Output at U.S. manufacturers rose for the third time in four months on production of consumer goods and construction materials, a sign the industry is recovering from a prolonged spell of weakness.

Repair equipment supplier Snap-on Inc.has entered into a definitive agreement to acquire Car-O-Liner Holding AB for about $155 million in cash to bolster its presence in the heavy-duty vehicle sector.

Caterpillar Inc.’s Doug Oberhelman will retire after 41 years at the largest maker of construction and mining equipment, leaving his replacement to finish the job of steering through a commodities slump.

Bendix Commercial Vehicle Systems announced the video camera component of its Wingman Fusion collision mitigation technology and AutoVue lane departure warning system will remain compliant with Federal Motor Carrier Safety Administration rules, following an exemption that was recently made permanent.

Some motorists said they favor the idea of slowing trucks down on the highway, but the overwhelming majority of the nearly 3,000 comments filed thus far on a federal heavy-truck speed limiter proposal came from truckers calling it a recipe for disaster.