Business

PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.

Thompson Distribution announced it acquired Landmark Trucks of Knoxville, Tenn. Terms were not disclosed.

Daimler Truck announced a leadership change for Torc Robotics, the autonomous technology developer it acquired in 2019.

A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.

Atlantic Great Dane announced Gene Masteller acquired the company after serving there for more than 30 years, most recently as president.

Traffic fatalities on U.S. roads grew 7% in the opening three months of the year, reaching the highest levels for the first quarter since 2002.

ORLANDO, Fla. — Trimble is accelerating its shift toward cloud computing to further connect data and workflows in the freight transportation industry and enable closer collaboration across the supply chain.

NEW YORK — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics.

Paccar Inc. announced it will offer the new Cummins Inc. X15N natural gas engine in its Kenworth and Peterbilt truck brands.