Business

Daimler AG plans to increase its stake in Russia’s largest truck maker as part of its target of a 64% rise in truck sales by the end of the decade, Bloomberg reported Monday.

The moving industry faces a critical shortage of drivers, and officials at the American Moving & Storage Association said they are preparing a program to do something about it.

Arizona authorities closed a 180-mile stretch of Interstate 40 Sunday after a big snow storm hit the state, news services reported.

Gene Scoggins, president of the NationaLease truck-leasing organization, is retiring after 37 years in the transportation industry.

Clean Energy Fuels Corp. reported a $20.9 million loss, or 29 cents per share, in the fourth quarter, compared with a profit of $13.8 million, or 18 cents a share, in the year-earlier period.

Truckload carrier Dart Transit Co. said it has assigned seven tractors powered by compressed natural gas to dedicated service for Andersen Window Corp.

Fleets that have embraced nitrogen tire inflation said the practice extends service life and improves fuel efficiency, but tire makers stop short of endorsing use of the gas in their products.

Hallelujah, a new highway bill has actually managed to make it successfully through one of the houses of Congress.

Women now comprise more than half the working population and are visible in management and professional careers, and yet they still represent less than 4% of Fortune 500 CEOs, according to Catalyst, a nonprofit organization concerned with expanding opportunities for women in business.

WASHINGTON — The leader of Sweden-based Volvo AB said the largest challenges in broader adoption and further development of alternative-fuel vehicles are the maturity of the technology and fueling infrastructure.