Business

A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S.

Norfolk Southern’s CEO is offering support for parts of a Senate bill to apply tougher safety regulations to railroads, but does not address several key provisions of the Railway Safety Act.

Eric Courville’s victory in the sleeper vehicle division at the Louisiana Truck Driving Championships marked the beginning of the road to the national event in August.

Truck tonnage in February increased 2.3% when compared with the same month in 2022 according to American Trucking Associations’ For-Hire Truck Tonnage Index, marking the 18th straight year-over-year gain and the largest since October.

Forward Air Corp. has partnered with self-driving trucking company Kodiak Robotics to run one of their busiest freight lanes near continuously with an autonomous truck.

CSX CEO Joe Hinrichs says he wants to repair broken relations with union workers and customers and attract more businesses to send their freight over rails instead of roads.

Fees for Unified Carrier Registration Plan participants in 2024 will be reduced by approximately 9% compared with 2023 fees, the Federal Motor Carrier Safety Administration announced.