Business

Federal Highway Administration officials and emergency responders foresee a need to prepare for large fires in crashes and incidents from lithium-ion battery-powered heavy trucks.

Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.

American Trucking Associations is among the stakeholders recently calling on congressional committees to pass a bill that expedites applications for commercial drivers seeking security credentials.

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

A producer and distributor of renewable natural gas and a supplier of chassis-related systems and components for trailers, trucks and buses are separately planning for major expansions — one by going public and the other through consolidation.

Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

Transpacific shipping costs have fallen by 53% in the past three months.

A quarter of Americans surveyed say they will buy an electric vehicle as their next automobile as gasoline prices soar to record levels.

President Joe Biden seeks to salvage relations with Saudi Arabia in a Mideast trip that risks political embarrassment unless near-record U.S. gasoline prices swiftly come back to Earth.

U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.