Business

Volvo Trucks North America has battery-electric, hydrogen fuel cell and renewable fuel internal combustion engine versions on the horizon. 

WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.

Knight-Swift Transportation Holdings profits dropped during the fourth quarter but the carrier experienced an increase in revenue, the company reported Jan. 24.

DETROIT — More than 4,700 auto dealerships across the U.S. urged President Joe Biden in a letter Jan. 25 to halt the EPA's efforts to enforce stricter vehicle-pollution standards.

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

The number of job-related deaths rose 5.7% in 2022 compared with 2021, with workers in broadly defined transportation-related jobs accounting for the largest share of fatalities.

Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.

Governors from 16 states have sent a letter to President Joe Biden, asking him to rescind his electric vehicle mandates in favor of letting the market determine adoption.

DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.