Business

Classes 4-7 U.S. retail sales in April dropped 15.4% compared with a year earlier, Wards Intelligence reported.

LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport Topics.

SCOTTSDALE, Ariz. — Accelerated retirements, an aging workforce, a decadeslong declining birthrate and low unemployment rate continue to cause challenges for the trucking industry as it seeks to overcome the 80,000-plus driver shortage.

Target Corp. plunged the most since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.

The American Transportation Research Institute supports efforts to create three guidebooks to help states better manage and improve truck parking facilities.

Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles.

While Europeans bask in the warmth of spring, governments are in a race against winter.

U.K. battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help decarbonize the maritime sector.

China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply chain congestion, according to a major shipping company.

A look at the first day of a three-day stepped-up law enforcement International Roadcheck inspection operation.