Business

Navistar International Corp., the parent company of International brand trucks, reported a surge in net income and increased revenue for its fiscal second quarter as truck orders rose and it increased production.

Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression.

The chief executive officer of the pipeline company hit by a ransomware attack last month apologized to a U.S. Senate panel for the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel, while defending his company’s response and offering tips for future hacking victims.

WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at breakneck speed.

DETROIT — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B.

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

WASHINGTON — The U.S. trade deficit narrowed in April to $68.9 billion as an improving global economy boosted sales of American exports.

President Joe Biden’s negotiations on an infrastructure deal with Republican Sen. Shelley Moore Capito appeared to stall June 7 and a bipartisan group of senators say they are ready to step in with an alternative.

Tesla Inc. has parted ways with Jerome Guillen, a 10-year veteran who most recently served as president of heavy trucking and was one of four top executives running the company, including Chief Executive Officer Elon Musk.

A bill to require speed limiters on heavy commercial trucks was introduced in the U.S. House of Representatives.