Business

Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.

The Department of Defense U.S. Transportation Command has awarded a potential $20 billion contract to a Houston firm that will manage an estimated 325,000 annual moves of military families worldwide.

NASHVILLE, Tenn. — Trucking recruiters and industry officials at the Recruitment and Retention Conference addressed concerns about the tight labor market, ongoing driver shortage and the growing number of drivers who have had positive drug or alcohol tests and not begun the process for reinstatement.

Hyliion Holdings Corp. reported a wider third-quarter net loss and no revenue as it worked to bring its two electrified powertrain solutions for Class 8 trucks to market.

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

A handful of electronic logging devices have now received certification for Canada’s federal ELD mandate.

Daimler AG said it intends to dispose of all of its stake in Renault SA, valued at about $364 million.

NASHVILLE, Tenn. — A federal law that would mandate vaccinations or regular COVID-19 testing for companies with more than 100 employees is being challenged in court, but one expert noted that the uncertainty around the rule stretches beyond the fundamental question of whether the government can enforce it.

U.S. consumers faced the biggest jump in their energy bills in more than a decade in October, with costs soaring for electricity, natural gas and fuel oil as cooler weather approaches.

Negotiating the passage of President Joe Biden’s nearly $2 trillion social infrastructure budget bill and finalizing the funding framework for fiscal 2022 are among the legislative items on Congress’ end-of-the-year agenda.