Business

Two Republican lawmakers called for broader American restrictions on the sale of chip-making tools after the U.S. government placed several Chinese supercomputing firms on an export blacklist, saying even tougher rules are needed to prevent the People’s Liberation Army from using sensitive technologies.

The Federal Reserve is seeing both labor and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel to new homes.

The increasing interest in camera monitor systems has prompted the Technology & Maintenance Council of American Trucking Associations to decide how it can help fleets understand how the systems would best fit into the truck cab environment.

Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade.

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

The number of applications for U.S. state unemployment benefits plummeted last week to the lowest since the pandemic began, indicating the labor market continues to thaw as governments lift restrictions on business and activity picks up.

As federal policymakers prepare to consider comprehensive highway policy legislation in the coming weeks, the top Republican on the U.S. Senate transportation committee reiterated calls for bipartisanship.

North American trailer orders for March hit 29,500, more than triple the volume compared with a year earlier, ACT Research reported.

Progress is underway for guidance documents for advanced driver assistance systems, according to a Technology & Maintenance Council study group.

A historic golf course in the Chicago suburbs is one step closer to becoming a trucking and logistics and warenhouse complex.