Business

Congressional policymakers formally kicked off negotiations on comprehensive legislation meant to facilitate domestic production of semiconductors and improve the movement of freight at ports.

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

LONG BEACH, Calif. — Autonomous trucking is branching into multiple approaches and each has a different route to commercialization.

The legalization of marijuana in several states and the post-pandemic economy have left the trucking industry with a bit of a perplexing, yet-to-be-solved mystery.

The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.

The top transportation policymaker in the U.S. Senate touted a White House agency’s role in enhancing the environmental permitting process and responding to climate change.

LONG BEACH, Calif. — Cummins Inc. will supply market leader Freightliner, a brand of Daimler Trucks North America, with a Cummins hydrogen fuel cell powertrain for the heavy-duty Cascadia model, Cummins Chairman and CEO Tom Linebarger said in a surprise announcement.

U.S. Class 8 retail sales in April were flat compared with a year earlier, coming in at just over 19,000, but continued the  improvement from the lows in the beginning of the year, Wards Intelligence reported.

Taiwan’s Foxconn Technology Group completed a transaction with Lordstown Motors Corp. to acquire the electric truck startup’s Ohio factory for $230 million and take over production of its Endurance pickup truck, a critical step as the iPhone manufacturer seeks to diversify into electric vehicles.

WASHINGTON — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.