Business

The overall life cycle of Class 8 zero-emission trucks would result in a net decrease in carbon dioxide emissions of just 30% compared with internal combustion engines despite the trucks having no direct tailpipe emissions, according to a just-released study by the American Transportation Research Institute.

A coalition of trucking advocacy groups, the U.S. Chamber of Commerce and employment website Indeed teamed up beginning May 2 to offer 500 full scholarships to members of the military and their spouses interested in obtaining a commercial driver license.

U.S. job openings and the number of Americans who quit their jobs in March rose to record highs, indicating that employers continue to struggle to retain and hire workers.

Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.

Electric-pickup maker Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near Atlanta, bolstering the company’s production efforts despite local resistance to the project.

Amazon warehouse workers on Staten Island in New York City overwhelmingly rejected a union bid on May 2, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.

A group of senators recently asked the U.S. Department of Transportation for an update on efforts to regulate key aspects of autonomous vehicles.

The Biden administration will spend more than $3 billion to support the domestic manufacturing of advanced batteries used in electric vehicles and energy storage, officials said May 2.

Truck dealership Rush Enterprises Inc. reported net income more than doubled in the first quarter as revenue rose 27% compared with a year earlier.