Business

Volvo Cars AB is withdrawing from Europe’s car lobby, the second major automaker to do so in the past month, as the industry fractures over the transition to electric vehicles.

WASHINGTON — America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases.

Walmart can now drop off groceries right into customers’ refrigerators via its InHome delivery service in several large metropolitan areas, the retailer announced July 6.

North American Class 8 orders for June came in at 15,500 and pointed to truck makers doing their best to accommodate ongoing strong demand.

Amazon .com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.

Before the August recess, congressional leaders intend to finalize supply chain-centric legislation as senators prepare to vote on nominees for senior roles at the U.S. Department of Transportation.

Now that the U.S. Supreme Court has declined to review a challenge to a controversial California law aimed at reclassifying owner-operators as motor carrier employees, carriers and independent contractors could soon be thrust into an uncertain business environment.

Trucking’s spot market is experiencing an accelerating decline as pre-pandemic conditions re-emerge.

Louisiana is working out details in a new experiment enabling trucks to carry two 20-foot containers in tandem to and from its ports to alleviate supply chain issues exacerbated by congestion and driver shortages.

Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries.