Business

German automotive manufacturer Volkswagen AG is expanding its Truck & Bus division into the U.S. market by acquiring a stake in Navistar International Corp., a deal that also provides Navistar with more efficient procurement and better access to new technology for engines and other applications.

Trucking companies are grappling with the financial fallout from the bankruptcy of Hanjin Shipping Co., unsure about whether they can collect on unpaid bills.

COLORADO SPRINGS, Colo. — Freightliner Trucks unveiled its new Cascadia model that executives said features major advancements in connectivity and fuel efficiency over the current version. (See video.)

ALLENTOWN, Pa. — Mack Trucks rolled out its 2017 lineup, featuring four in-house engines designed to meet federal greenhouse-gas emissions standards that tighten Jan. 1.

Several freight companies, including UPS Inc., have announced rate increases in the early fall despite the uncertain freight market.

LISLE, Illinois — Last week’s Volkswagen-Navistar deal was announced just before the maker of International Trucks reported quarterly earnings showing there is progress, albeit rocky, in recovering from what one of its executives called, “the sins of the past” — the 2010-2012 miscalculation on engine technology.

Truckers and the entire global shipping supply chain faced a broad array of complicated choices last week arising from Hanjin Shipping Co.’s bankruptcy that has left tens of thousands of shipments in limbo — stranded at sea, idle in ports or a burden for truckers.

Jon Slangerup announced his resignation as CEO of the Port of Long Beach, effective Oct. 28, to take another executive position at an aviation technology company.

Jerry Moyes, the founder and CEO of Swift Transportation will retire at the end of the year, the company announced Sept. 8.