Business

STEPHENVILLE, Newfoundland — The leaders of Germany and Canada said Aug. 23 a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.

Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.

Travel center operator Pilot Co. and automated technology firm Kodiak Robotics on Aug. 23 announced formation of a partnership under which the companies will collaboratively develop autonomous truck services at Pilot and Flying J travel centers across North America.

For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.

Truck tonnage in July rose 5.1% year-over-year but slipped 1.1% when measured on a sequential monthly basis, according to American Trucking Associations.

U.S. business activity contracted for a second straight month in August, reflecting softer demand at both manufacturers and service providers and adding to concerns about the health of the overall economy.

Electric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.

Gasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.

The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.

New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.