Business

U.S. trailer orders in June came in at 10,952 units, down from 13,441 a year earlier, ACT Research reported, marking the first year-over-year decline in net orders since May 2020.

Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the International Energy Agency warned of a deepening supply crunch.

State lawmakers have been active in pursuing bills to support infrastructure work, but the construction market could see a further boost if federal leaders can agree on a legislative package, according to transportation experts.

A popular Federal Highway Administration grant program for the first time asks those seeking contracts to include a focus on “racial equity, environmental justice and access to opportunity.”

GXO Logistics will sell shares to the public for the first time Aug. 2 on the New York Stock Exchange, executives said during an investor day presentation July 13.

What if the solution to Pennsylvania’s transportation funding quagmire was all the brown boxes and padded envelopes left at people’s front doors?

U.S. retail sales of Class 8 vehicles in June punched above 19,000, WardsAuto .com reported, and reached the second-highest volume this year.

BOISE, Idaho — Airport officials facing jet fuel shortages are concerned they’ll have to wave off planes and helicopters that drop fire retardants during what could be a ferocious wildfire season, potentially endangering surrounding communities.

SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.

Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.