Business

A Japanese electric-vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state’s leadership in battery production, Gov. Andy Beshear said April 13.

Over his years in office, Rep. Peter DeFazio has become one of the staunchest proponents for increasing federal dollars to repair and modernize the nation’s infrastructure.

The U.S. economy is strong enough to avoid a sharp downturn, even as concerns are growing about how long consumers can sustain healthy spending levels amid rising inflation, the head of transportation at Deutsche Post AG’s DHL supply chain division said.

Texas Agriculture Commissioner Sid Miller blasted Gov. Greg Abbott’s “catastrophic” crackdown on cross-border trucking and warned it will lead to food shortages in the second-largest U.S. state.

Transport Topics captured seven 2022 Mid-Atlantic Region Azbee Awards of Excellence from the American Society of Business Publication Editors.

Prices paid to U.S. producers jumped in March from a year ago by the most in records back to 2010, topping all estimates and underscoring persistent early-stage inflationary pressures that risk feeding through to consumers.

U.S. retail sales of Classes 4-7 trucks in March dropped nearly 11% compared with a year earlier but reached the highest monthly total this year, Wards Intelligence reported.

Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.

PHARR, Texas — Just four days after the Texas Department of Public Safety began implementing a program to inspect all commercial traffic crossing the Texas-Mexico border, Mexican truck drivers staged a protest that halted all traffic into and out of Mexico at the Pharr-Reynosa International Bridge on April 11.

Hazardous materials regulators are falling short in performing some required timely reviews of whether hazmat carriers have the “knowledge, capability and performance record” to safely move hazmat, according to a new Department of Transportation inspector general audit.