Business

Drivers waited in long lines at gas stations in the Southeast on May 12 after a hack of the nation’s largest fuel pipeline led to distribution problems and panic buying, draining supplies at thousands of gas stations.

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.

U.S. Class 8 retail sales in April jumped 52.8% compared with a year earlier to 19,312, WardsAuto .com reported.

Republican congressional leaders said it may be possible to reach agreement with Joe Biden on an infrastructure plan after meeting May 12 with the president at the White House.

A new data service aims to help motor carriers improve and maintain their reputations as safe operators before they ever have to face a plaintiff attorney’s wrath in a courtroom.

In a deal that hands a huge victory to shareholders of bankrupt Hertz Global Holdings Inc., the car renter picked Knighthead Capital Management and Certares Management to buy the company out of Chapter 11, capping a dramatic brawl for control of the company.

The head of the Transportation Intermediaries Association stressed that the industry is healthy and poised for a return to the kind of camaraderie that existed before the coronavirus pandemic.

Volkswagen AG plans to offer a highly automated version of the hippie-era microbus it’s reviving as an electric van as the carmaker commercializes self-driving technology along with startup Argo AI.

House lawmakers have requested $14.9 billion in spending on earmarked projects for a transportation bill set to be a centerpiece of President Joe Biden’s economic agenda.

The adoption of legislation designed to improve connectivity across commercial corridors and ensure long-term funding for highway programs would benefit the country’s freight supply chain, the leader of the group representing the trucking sector told a Senate panel May 11.