Business

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier.

WINDSOR LOCKS, Conn. — On a  sun-soaked morning in early June, Roland Bolduc arrived at his state’s truck driving championships ready for elite level competition. He was up to the task.

UPS Inc. investors will wait longer than usual to hear from CEO Carol Tomé this quarter as the company works to avoid a harmful worker strike.

Amazon.com Inc is alleviating some past Prime Day frustrations by dangling an “invite-only” promotion designed to give customers a better shot at snagging the bargains they want.

Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.

Besides the usual haggling over wages, pensions and health care, the UAW union ahead of negotiations with Detroit automakers has set its sights on securing a foothold in the EV industry.

Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a paradox being thrown into relief as multiple U.S. states bake under heat waves.

BOSTON — Daimler Truck during a Capital Market Day event recommitted to its ambitions for expansion of alternative fuels, stressing that diesel will remain an important part of the mix.

France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company.

BOSTON — Daimler Truck is updating its sales and financial guidance for the year and launching a share buyback program, moves the company said are buoyed by its business momentum.