Business

Production of trailers in the United States is set to decline for five consecutive quarters before increasing in the final three months of 2024, according to one expert.

DETROIT — Leaders of the United Auto Workers union are considering targeted strikes at a small number of factories if they can’t reach contract agreements by a Thursday night deadline.

OMAHA, Neb. — Union Pacific’s new CEO, Jim Vena, says he won’t shy away from cuts, but no one should expect the kind of sweeping changes he made when he first oversaw operations a few years ago.

SAVANNAH, Ga. — State and local governments are on track to give $2.1 billion in tax breaks to Hyundai Motor Group after it said it will invest an additional $2 billion to build an EV complex.

BP Plc CEO Bernard Looney has resigned over the failure to fully disclose past relationships with colleagues.

The operator of the Panama Canal said there’s no immediate prospect of relief from the drought that’s reduced water levels and snarled shipping and global supply chains.

Progress Rail has accused Wabtec Corp. of violating antitrust laws and contractual agreements after acquiring GE Transportation in 2019.

Walmart is now offering express home delivery until 10 p.m. on orders placed by 9:30 p.m. so that “last-minute needs are delivered to your doorstep just in time,” the company said.

A massive Kansas Turnpike Authority project will update its 1950s tolling system by replacing 21 toll plazas with overhead gantry cameras and transponder sensors.

Sentiment is growing that U.S. demand for Class 8 trucks in 2024 is likely to be better than expected, according to an analyst at the FTR Transportation Intelligence Transportation Conference.