Business

Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 83% in just three trading sessions.

The majority of truck drivers are not actively looking for a new job, but a robust recruiting environment makes it easy for them to find one should they want to make a move, a recent industry survey found.

As leaders from Canadian National Railway and Kansas City Southern Railway promote their proposed merger, concerns are growing among some of their customers.

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

E2open CEO Michael Farlekas said his company’s supply chain solutions platform will be enhanced with more capabilities such as logistics execution software via its acquisition of BluJay Solutions.

Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.

General Motors Co. will boost output at two truck plants, allowing the company to beat its first-half forecast of $5.5 billion in profit and to hit the high end of its full-year target of around $11 billion.

Applications for U.S. state unemployment insurance dipped below 400,000 for the first time during the pandemic as hiring accelerates and the economy strengthens heading into the summer months.

WASHINGTON — For nearly an hour, President Joe Biden and the top Senate Republican negotiating infrastructure met June 2 behind closed doors — two seasoned legislators engaged in another round of conversations, but emerging with few outward signs of tangible progress ahead of a deadline next week.

The Consumer Brands Association on June 2 launched a new task force aimed at increasing visibility and easing supply chain pressures.